I am Maria Bartiromo tuesday march 19, your top stories right now, 6 00 a. M. On the east co coast. The fed and focus, futures indicating again at the start of trading, take a look, as the Central Banks march meeting begins today at 9 00 a. M. Eastern the markets are lower the dow industrial down 56, the nasdaq 1055 and s p 500 lower by 11 and three quarters. The meeting is coming up and were watching for any clarity on when the Federal Reserve cut Interest Rates this year. Data on deck Housing Starts and Building Permits 8 30 a. M. Eastern. European markets are mixed. Eurozone next down two points, the cat crown up to 20 and dax higher by 30 points. The bank of england will make the right decision on thursday. In asia overnight markets finish mostly lower, the bank of japan raising Interest Rates for the first time in 17 years. That has the average overnight up two thirds of 8 , the others were lower. The worst performer hong kong with the decline of one and a quarter percent. Back at
They conquered. Nvidia keeping report empire going but the question can they beat it going. Jensen meets caesar. Which powell will show up tomorrow. Why the 10 are loving these harsh fed policies. Plus the badgegy brook. Keeping up with the jones. I love to see crazy stuff youve seen with people trying to look rich. 6 commission on buying a home, lets say it is over. Here is a dirty little secret for agents, it never existed for them. We have Real Estate Agents that want to tell their side of the story. All that and more on making money. Charles all right, so its the morning after and the morning before. The morning after a. I. Woodstock and the books,s in the books, folks. While a. I. Stocks sort of mostly chugging along today the ramifications from this event will be felt in society and in your portfolio for years to come. Now it is the day before the fed decision. Of course conventional wisdom saying no rate cuts tomorrow but there is a lot of debate over when and how much the fed s
Table more or less. At this point, weve pushed that back to june. And, you know, i guess what i would say is, i think the risk to our forecast would be skewed towards later. That is, i would say the probability of july is higher than than, you know, may. For more on the fed and the economy is bloombergs reade pickert, who has had some time to digest the data all morning. And if you had to read through all the conflicting signs were seeing, which is the biggest conundrum to you. So, you know, really what we saw in the ppi report was price pressures that were driven from the goods side. So a lot of that was gasoline. But there was a big pop in food as well. And so when we think about where inflation goes from here, were not getting a lot of help from the good side of the economy anymore. So in cpi we also saw that core goods inflation rose after a series of outright declines in deflation. So in terms of thinking about where were going from here, you know, were trying to kind of fed offic
Were over our inflation fixation. Of the four measures of inflation, two are below the feds target, one is pretty close, and only one, cpi, is above it. This problem of his polls in the swing states is only going to continue to get worse with over the next several months because voters or are not excited about biden. It is a bad deal for workers, one more example of free money. Nothings free. Most people in my profession think were returning to the bad old days before the financial crisis. To be pushing 30 as a republican, especially republicans called racist all the time, thats quite extraordinary. Lifestyles of the rich and the famous theyre the always complaining stuart i dont recognize the music. [laughter] lifestyles of the rich and famous . If theres a song called that . Youve got to be kidding. Lauren [inaudible] [laughter] stuart good charlotte. Whos good charlotte . Is there a bad charlotte out there . [laughter] were having too much fun. Its 11 00 eastern time, thursday, marc
Senator bill haggerty of tennessee. Caroline we will sit down with the ceo of wiz to talk m a valuations. Before we get to private markets lets get to the public ones. A little bit of nervousness ahead of the allimportant for decision tomorrow. Some chips coming off the table as we try to digest how far and fast the magnificent seven nai has taken us. Thats a crowded trade over at bank of america. Those majors fall but we are seeing the two year yield come down for basis points. Generally the macro picture has been inflationary pressures. Where will we see the dot plot, the signaling of have any rate cuts will come this year . Three . Two . The dollar still stronger versus the japanese yen. Finally that era of negative Interest Rate policy is off the table. Arbery seeing rate hikes . That has not been signaled by the boj. The dollar higher by a percentage point. Look it was happening in crypto. From the highs come the lows and we will see a dialing back. Flash crashes happening on some