Deck and while we await another fed decision, that is there on wednesday at 2 00 p. M. Lets bring in jack ablin, crescent capitals Founding Partner and cio. Lets start with earnings, why dont we which ones will you be looking at most closely . And if corporate earnings are coming down as many predicted, why is the market going up im scratching my head with that one too, tyler. Yeah so i want to look at tech earnings tech is really the only sector thats expected to be up year over year. I think Consensus Forecast has about 12. 2 Earnings Growth for the tech sector in the s p 500 meanwhile, the s p overall is expected to be down about 10 . So clearly its the tech sector that im watching to see if it not just can deliver on expectations but really needs to exceed expectations in order to justify the values that they currently have so how do you explain the markets performance during this very nice month of july so far is it as simple as, well, if you look at the s p 500 its capitalization
Look outside the usual suspects in the equity market why Morgan Stanley says Southeast Asia is the place to be. Later in the show. Record Box Office Weekend as barbenheimer exceeds all expectations monday, july 24th, 2023, youre watching Worldwide Exchange right here on cnbc monday morning welcome to Worldwide Exchange. Im frank holland. Thank you for starting your day with us. Lets kick off with the dow riding a 10day win streak thats the longest since 2017. Taking a look at futures in the green across the board the dow would open up 50 points higher as we always say, this is early. This is a busy week for wall street 40 of the dow, 30 of the s p 500 set to report. Were talking names like boeing, meta and microsoft we get a trifecta of Central Bank Decisions with the fed kicking off things wednesday before the ecb and bank of japan. They make their own decisions on rates. One week away from what could be the costliest labor strike in at least 100 years with ups and the teamster negoti
Deck and while we await another fed decision, that is there on wednesday at 2 00 p. M. Lets bring in jack ablin, crescent capitals Founding Partner and cio. Lets start with earnings, why dont we which ones will you be looking at most closely . And if corporate earnings are coming down as many predicted, why is the market going up im scratching my head with that one too, tyler. Yeah so i want to look at tech earnings tech is really the only sector thats expected to be up year over year. I think Consensus Forecast has about 12. 2 Earnings Growth for the tech sector in the s p 500 meanwhile, the s p overall is expected to be down about 10 . So clearly its the tech sector that im watching to see if it not just can deliver on expectations but really needs to exceed expectations in order to justify the values that they currently have so how do you explain the markets performance during this very nice month of july so far is it as simple as, well, if you look at the s p 500 its capitalization
Look outside the usual suspects in the equity market why Morgan Stanley says Southeast Asia is the place to be. Later in the show. Record Box Office Weekend as barbenheimer exceeds all expectations monday, july 24th, 2023, youre watching Worldwide Exchange right here on cnbc monday morning welcome to Worldwide Exchange. Im frank holland. Thank you for starting your day with us. Lets kick off with the dow riding a 10day win streak thats the longest since 2017. Taking a look at futures in the green across the board the dow would open up 50 points higher as we always say, this is early. This is a busy week for wall street 40 of the dow, 30 of the s p 500 set to report. Were talking names like boeing, meta and microsoft we get a trifecta of Central Bank Decisions with the fed kicking off things wednesday before the ecb and bank of japan. They make their own decisions on rates. One week away from what could be the costliest labor strike in at least 100 years with ups and the teamster negoti
Look outside the usual suspects in the equity market why Morgan Stanley says Southeast Asia is the place to be. Later in the show. Record Box Office Weekend as barbenheimer exceeds all expectations monday, july 24th, 2023, youre watching Worldwide Exchange right here on cnbc monday morning welcome to Worldwide Exchange. Im frank holland. Thank you for starting your day with us. Lets kick off with the dow riding a 10day win streak thats the longest since 2017. Taking a look at futures in the green across the board the dow would open up 50 points higher as we always say, this is early. This is a busy week for wall street 40 of the dow, 30 of the s p 500 set to report. Were talking names like boeing, meta and microsoft we get a trifecta of Central Bank Decisions with the fed kicking off things wednesday before the ecb and bank of japan. They make their own decisions on rates. One week away from what could be the costliest labor strike in at least 100 years with ups and the teamster negoti