Both sides claiming progress joining us for the entire hour, Karen Finerman, ceo of metropolitan capital welcome. Thanks for having me. This looks like a strong way to end what has been a strong week for stocks. What stood out to you in the rally . To me its the volatility that stands out to me. Volatility both up and down. Im always long bias, no matter what, which is a blessing and a curse. To me this is a scary time i think im a little more in cash than i would be and desk y definitely more protected. I want to be more hedged. So youve been buying puts . Yes over the last week i think the volatility i think it doesnt fully reflect the volatility that is out there, the tweet that could come at any moment. Why do you say its a scary time to me trade is really the issue here, not the fed. I think what keeps cfos up at night is not are we going to get 25, are we going to get 50 its what does our supply chain need to look like, how much can we pass on, how much do we need to absorb. Thos
New york stock exchange. The u. S. china trade war taking a bite out of apple, now on pace for the worst day in over a week as the white houses 15 tariff on a new batch of goods goes into effect over the weekend obviously, a big story for the markets. Apple products expected to be hit this time around include the apple watch, air pods, the home pod, imax, and some beat headphones for more on where the stock may go from here, were joined by an apple bear, Pierre Ferragu has a sell on the stock, a 170 target. Also with us, apple bull, daniel flax, whose target is, daniel . Carl, i cant give you a specific target, but what i can say is that while the nearterm environment certainly remains sluggish with iphone and clearly theres a risk in terms of higher prices from tariffs impacting demand, we see a lot that we like over the medium term and i say that because the iphone install base is continuing to grow the company has opportunities to show additional growth with Newer Services like tv a
And fix the foundation of his company. Feedback to final product. Tracy these people are here because they care. Tracy the bathroom, ladies. Lemonis . The entire tumbleweed business annie yeah, this is huge. Pat wow, nice will collapse. Oh, this is great. Do you know what fercockt means . Tracy it was really just about making sure that my name is marcus lemonis, we were really maximizing. Pat every inch counts with a tiny house, right . And i risk my own money to save struggling businesses. Annie absolutely. Pat that is great. Were not gonna wake up every morning yeah. Very nice, tracy. Austin and this room right here is our utility closet. Wondering if we have a job. Were gonna wake up every morning its all located in one area for your maintenance man. Wondering how many jobs we have to do. Its not always pretty. Pat yeah, this is great. Everythings gonna change. Everything. And then, i know we have a similar unit and the pitch of the roof was a little bit higher. But i do it to save
Its like a train wreck. If i cant restore some leadership in this legendary brand. Mike youve really got the wrong picture of this whole thing. Lemonis no, no, no. I got the very clear picture. Its going to melt down this time for good. Get this right, or its gonna die. My name is marcus lemonis, and i risk my own money to save struggling businesses. Were not gonna wake up every morning wondering if we have a job. Were gonna wake up every morning wondering how many jobs we have to do. Its not always pretty. Everythings gonna change. Everything. But i do it to save jobs, and i do it to make money. This. Lets go to work. Is the profit. Together we, for farrells, give you a cheer wed like to wish you a happy birthday lemonis in 2009, mike fleming and paul kramer brought back farrells ice cream parlour. Shauna hi welcome to farrells. How are you doing today . Lemonis . An iconic familyrestaurant brand known for its americana theme, its mini candy stores, and, of course, its oversized sunda
Carl jon, that was one of your better dad jokes morning, guys. Good to see you both weve talked so far this morning about production in manufacturing, talked about infrastructure this hour, obviously, youve got to ask the question whether or not we will one day be talking about vietnam as a true high tech hub its true that apple has components made here sharpe, intel, lenovo has component make heerg fing here a while. Was its that final assembly that is so hard to do and requires so much education that vocational schools like this one are in huge demand here. The government has vowed to train 2 million kids over the next several years we talked to one of the professors about this training, and he said, because the students who do graduate are getting snapped up like mad. One of those companies is samsung, guys. Thats one of the big stories here in vietnam. They came here a while ago back in 2014, invested 3 billion in an industrial park, 250 acres, 60,000 employees, which is now one of