Welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead i am andy and for jack otter. The World Economy is slowing down as global Government Debt levels spike World Bank David Malpass is sounding the alarm on why its a major concern. Then the buzz around green energy is getting louder but dont count oil and gas out yet, the expert panel will impact the future of the Energy Sector and dive into her smart investors to put their money. Later the bond king does not like bonds anymore will look what hes buying instead the expert panel and three things investors are to be thinking about right now on the barrons roundtable ben levisohn, andrew bary and meghan. The big news the dow cracked 40000 at the close real drama because it was nip and tuck at the very end. Last week we asked you why the market was up he was bad news initiate proximate cause this week. This week we have bad news without good news for the stock market first we had inflation weake
Barrons roundtable sponsored by global x etf. Welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead i am andy and for jack otter. The World Economy is slowing down as global Government Debt levels spike World Bank David Malpass is sounding the alarm on why its a major concern. Then the buzz around green energy is getting louder but dont count oil and gas out yet, the expert panel will impact the future of the Energy Sector and dive into her smart investors to put their money. Later the bond king does not like bonds anymore will look what hes buying instead the expert panel and three things investors are to be thinking about right now on the barrons roundtable ben levisohn, andrew bary and meghan. The big news the dow cracked 40000 at the close real drama because it was nip and tuck at the very end. Last week we asked you why the market was up he was bad news initiate proximate cause this week. This week we have bad news without good news for
Walmart saying its seeing a slight pullback for certain Food Products because of those weight loss drugs. And disneys dismal run. The stock is back below 80 bucks a share, its lowest level since october 2014. Lets begin with a drop in oil prices. Wti on pace for the worst week since march, jim. We got down to 82. 35 this morning. Yesterday, biggest drop since may. The department of energy numbers were weak. Gasoline numbers were weak, the lowest, what, since 1996. When you speak to the chieftains of the Oil Companies, they just want to stand there and buy the shares because they dont think this is the right market. They think the higher price is the right market. I look at whats happened with oil, and i say, if you have retail weakness, if you have fewer people from student loans, fewer people going places, obviously, theres going to be a backup in gasoline, but i think this price is actually real. I understand that the Oil Companies want to buy back stock, but the oil stocks never wen
Plus, the season of strikes set to grow even larger. Today, with more than 75,000 Kaiser Permanente workers possibly walking off the job. And then later, we have a rare downgrade for apple, like key bank says, it is taking a fresh look at the stock. It is wednesday, october 4th, 2023. Youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to Worldwide Exchange. Im frank holland. Lets get you ready to start your day. We kick off the hour with the checks on u. S. Stock futures. In the red across the board. The dow looks like it would open up 30 points lower right now. This after the dow posted its worst day since march, falling nearly 1. 3 . Similar story for the nasdaq and the s p 500. Both of them closing down. 1. 8 and 1. 3 respectively on the day. We also want to look at the russel 2000, negative for the year and seen as a leading indicator of a possible u. S. Recession. You see the move this is dow transports. Dow transports dipped below the 200 Day Moving Avera
5 on a 30year yield briefly. Very close to 4. 90 on the 10year yield. Tom mathematics is important and we do not do methods early in the morning. From a careful analysis to looking a vector down freefall. Something changed yesterday and mathematics went out the window. This is a warning of price analysis and fixed income. Not to be inflammatory but it borders on freefall. Jonathan our price has been hammered, particularly over the last few months. 4. 8146 on a 10 year maturity. Lisa a what is the Circuit Breaker . It is not coming from washington, d. C. This not look like there will be a resolution without leadership. Job openings are coming out stronger than expected and manufacturers are also better than good. What point do you get a Circuit Breaker from something other than people who start to buy . Jonathan over on a speaker liz house, he had to say, this is wholly consistent with the broader structural concerns regarding American Local dysfunction and the countrys trajectory. Thos