The market is broken or bent. Give me a reason. That was intentional, wasnt it . Seema m owith the top stockso buy but first bob pisani. Last week you had your opportunity. And the markets have gotten considerably cheaper the multiple, forward multiple, price earnings multiple on the s p 500 has gone down considerably two weeks ago it was 18. 5. Thats historically high the 20year average is 16. At friday we were 16. 6, the lowest since the election. We crept up with the rally, 16. 9, but you get idea its getting cheaper now the big debate is with what weve seen here at the open today, are we at a tradeable low here can we anticipate the market wont have another big move to the downside weve had a big move down. Its the indices are way oversold so makes some sense you get it back. A little bounce. The correction is only six days old. Some people calling it a technical correction, not based on fundamentals. Others dramatically disagree with that idea look whats happened the dow has regai
We are inches away from the record. Futures steady as we wait for the fed at 2 00. Tech titans will meet with donald trump today at trump tower. Were going live to midtown manhattan, watch them as they walk in. Two new names officially announced to take a spot in goldman. More on the changes. First, 89 points, thats how much it will take for the dow to hit 20k. The blue chips coming off their 16th record closing high. S p and nasdaq hitting record territory. All aed head of the feds rate announcement at 2 00. Live coverage will begin right here on cnbc at that time. We will get the forecast. Well get the dot plots and the q a. I have to tell you that Interest Rates are down today. You can see how this market is changed. Oil is not up. Interest rates are down. The futures are not higher. The banks have a lot of people feel like that the banks are the ones for this rate hike. Even the rate hike is now baked in or maybe feel that some people feel the economy has peaked out for the moment.
Years. Never any miscalculation of where each of us stands. I think that is critically important in our relationship. German economy minister defends blocking several high profile investments telling cnbc that berlin must diversify its economic partners. All eggs in one basket politics is wrong. With the war in ukraine, what seems to be very soon turn out in one the collapse of ftx sends shockwaves through the industry as binance pulls tokens and urges other to follow suit a few bad actors do not reflect the whole industry the industry goes through ups and downs. We have more bad players in the industry the industry is still growing. The democrats defy a red wave holding on to the senate with wins in arizona and nevada and republicans hope to secure the u. S. House good morning very warm welcome to the program. Xi jinping has landed in bali ahead of the long awaited meeting with President Biden that is set to take place in half an hour it will be the leaders first facetoface meeting si
Abortion is the linchpin of human freedom are upset about it. The Trump Administration says it will happily restore funding as long as it stops providing abortions. The group says it is not interested in that. Candidate in the recent race for dnc chair, she joins us live tonight. Thanks for coming on paid thanks, tucker. Tucker the planned parenthood line is that abortions are just a small part of what planned parenthood does, all the Vital Services they provide, and that is why they need federal funding. The Trump Administration saying, okay, then dont provide abortions, and you get your half a billion dollars a year of taxpayer money. Why would they do that . If it is a small part of what they do, why not get rid of the abortions . Tucker, i think we should start with being honest with your audience that there is no such thing as a federally funded abortion. There is a law that prohibits that from happening. And so that is certainly not something that parenthood , plad parenthood sup