Maria good Tuesday Morning everyone. Thank you for joining us, i am Maria Bartiromo tuesday may 21, your top stories 6 00 a. M. On the east coast, examining the consumer, features indicating a lower opening for stock prices as we await major retail earnings from lows and macys both out before the opening bell, the nasdaq over by 24 and as a be hundred by lower button one and a half. We are previewing target and nvidia out tomorrow nvidia closely watched report after a 200 rally in the stock in the last year, we will preview the numbers, tomorrow Federal Reserve minutes, more fed presidency and three rate cuts is a pipe dream is divided of initiation lames grocery chains for rising prices, doubleblind capital founder and ceo Jeffrey Gundlach is coming up in the next hour he will give us his thoughts on the macro story, Investment Priorities in this market and commodities and will get into all of that with a major investor, dunlop was gold extended its record performance, copper and silv
You heard about all the crucial inflation data this week. We have two wall street legends say the s p is heading higher. They have the same target. Ed yardeni and sam stovall are both on deck. Lots of blowups on earning season. Before youre tempted to pick the bottom you must listen to erin gibbs. She has information you cannot afford to miss. She will be here at 2 15. You remember the song or movie, give them something to talk about . The fed is talking but here is the problem, is it communicating. Judy shelton on why the feds messaging is falling flat. I had the honor of giving my first commencement speech this weekend. I will give you my speech for the class of 2024. All that and so much more on making money. Charles so the market coming off really good week. This part right here is all of last week, doing pretty good, coming up pretty good for the year right now. Heres the thing. It needed to make a stand last week, right the 10year, the way the feeling of this market, the bounce,
On the ev front, including the chinese ev maker thats making its debut right here at the nyse, and new data shows tesla is losing market share in china. Plus, apple apologizes for its controversial new ipad ad, saying, we missed the mark. Lets begin with the markets. We mentioned the s p, jim, trying to make some alltime highs. Was that 5 pullback it got digested it got digested, and then the money didnt go back to tech it might happen today because taiwan semi had its monthly report and it was really strong. The rally broadened to all sorts of crazy names, and some people would say it had to falter because in the end, we got an upgrade of none other than 3m. Ill take that. This is losers win day warner bros. Discovery, bumble today is like forgiveness day, but the warner brothers, just right up davids alley i put you right in porterhouse and youre having the characteristic crystal with that one there was an upgrade of roblox that was from sell to hold. Moffett nathanson, one of the be
Waiting to get into gaza. The un has accused israel of not allowing aid into the area and any delay would put their gaza operation in its grave. There was a Brief Glimmer of hope yesterday. These were the scenes outside the al aqsa hospital as palestinians celebrated news that hamas had accepted a ceasefire deal. But this was rejected by israel as far from meeting its core demands. Instead, the countrys war cabinet voted to continue operations in rafah. Talks are resuming in cairo and israel is sending a delegation to the talks. Our middle east correspondent Yolande Knell has the lastest. Rolling into rafah. Israeli tanks have now taken control of gazas key crossing into egypt. The Israeli Army Says it has killed what it calls 20 Hamas Terrorists and destroyed tunnels in a precise operation. But palestinians, mourning their lost loved ones, say children were among those killed in the latest air strikes. Muhammad has his family lined up in body bags. Translation my wife, my brother, my
That . I is not overheating, can it sustain that . 4. , that . I think it will. Right now the market is focused that . I think it will. Right now the market is focused on that . I think it will. Right now the market is focused on Recapturing L Market is focused on recapturing what it lost in the 5. 5 pull back we experienced since reaching the 22nd all time high on the 28th of march, and our expectation is we could continue to see us gdp growth in the 2 area but then also see inflation continue to come back down, allowing the fed to cut Interest Rates at least twice by the end of the year. Is Interest Rates at least twice by the end of the year. End of the year. Is there a risk that It Overshoots . End of the year. Is there a risk that It Overshoots . Americans| end of the year. Is there a risk that It Overshoots . Americans saved up that It Overshoots . Americans saved up a lot during the pandemic but now they seem to have exhausted that, so where does that leave us now . fiur where