On the roundtable tonight, ben levisohn, carlton english and jack howe. Ben, im going to start with you. According to the textbook, the value of stocks is based on future cash flows. And with Interest Rates so low, of course, those future cash flows are a little more valuable. Add that to the fact that this Coronavirus Crisis presumably will pass over a couple quarters, and that hes eye academically at least the stock market should be rallying. To you buy that . Do you buy that . I think the market in some ways have lost its mind, but theres so much money out there right now. The feds dumped money and the governments put money, and now were seeing this good news in terms of reopening. And, you know, its as if we can just look past, the market is looking past all the bad stuff right now to a time when everything is back to normal. And if we can get back to normal, if earnings can get back to the trajectory they were on before, if the economy can get back to the trajectory it was on befo
Levisohn, carlton english and jack howe. Ben, im going to start with you. According to the textbook, the value of stocks is based on future cash flows. And with Interest Rates so low, of course, those future cash flows are a little more valuable. Add that to the fact that this Coronavirus Crisis presumably will pass over a couple quarters, and that hes eye academically at least the stock market should be rallying. To you buy that . Do you buy that . I think the market in some ways have lost its mind, but theres so much money out there right now. The feds dumped money and the governments put money, and now were seeing this good news in terms of reopening. And, you know, its as if we can just look past, the market is looking past all the bad stuff right now to a time when everything is back to normal. And if we can get back to normal, if earnings can get back to the trajectory they were on before, if the economy can get back to the trajectory it was on before, then the market make makes
Levisohn, carlton english and jack howe. Ben, im going to start with you. According to the textbook, the value of stocks is based on future cash flows. And with Interest Rates so low, of course, those future cash flows are a little more valuable. Add that to the fact that this Coronavirus Crisis presumably will pass over a couple quarters, and that hes eye academically at least the stock market should be rallying. To you buy that . Do you buy that . I think the market in some ways have lost its mind, but theres so much money out there right now. The feds dumped money and the governments put money, and now were seeing this good news in terms of reopening. And, you know, its as if we can just look past, the market is looking past all the bad stuff right now to a time when everything is back to normal. And if we can get back to normal, if earnings can get back to the trajectory they were on before, if the economy can get back to the trajectory it was on before, then the market make makes
Me jimcramer help the employment, not a recessionary number, fed on the side of the bulls, consistency in china what more could we want out of stocks no wonder we reversed yesterdays loss and put on quite a show hall helujah rally climbing. 97 to record levels and nasdaq pulling 1. 13 , also a record. We spent the whole summer hearing expests warn that the economy is heading for a recession. And the stock market toward a cataclysm. I told you that was probably nonsense consumers have been very, very strong we have a weak Industrial Base so the fed needed to give it a boost and thats what happened this week. That why todays rebound from yesterdays suppressed levels makes perfect sense. All right. Thats history can the run continue i think it can let me tell what you could help. Lets start with monday. On monday, you have heard me speak of him many times on the show, alwaysbankable ceo of adobe. Hes holding what could be a semiabilityist meeting to said the crowd. They have been the bigg
At the New York Stock Exchange you can say stocks are sinking you can say they are stinking, folks. Trade tensions in washington, eamon javers has the latest from the white house on trade and Steve Liesman is here to explain what is a yield curve inversion and why it has so many people so worried. Lets begin with mr. Pisani at the nyse it is weak Global Economic data remember, yield curve inversion is in effect, not a cause. The Global Economic data that is issue were seeing those sectors that would respond to that are the weakest, including retailers, energy, semiconductors, and industrials. Everything is down rather uniformly, anywhere between 2. 5 to 4 . A lot of emphasis on sectors that are already deep into correction territory, were talking more than 20 down from their recent highs and almost all of these are due to trade tensions, Global Growth and tariffs being the two big aspects of that. Pharmaceuticals is the one exception off the highs, a lot of separate issues dealing with