CHERYL: SO MARKET
CLOSED FOR THE PRESIDENTS’ DAY
HOLIDAY FURTHERS OPEN, AS YOU
CAN SEE, GREEN ARROWS ACROSS
THE BOARD SEE HOW TOMORROW
SHAPES UP MARKETS CLOSING
LOWER ON FRIDAY AFTER PRODUCER
PRICE INDEX ROSE PLOERN MORE
THAN COUPLED.
>> MARKETS ACROSS THE BOARD SO
FAR FOR THE YEAR, INVESTORS
WARN THE WAR IN THE MIDDLE
EAST CAN POSE A RISK FOR
EARNINGS BOYCOTTS COULD IMPACT
SALES AND RED SEA ALL OF THAT
SUPPLY CHAIN COULD BE A
PROBLEM BRING IN WEALTH
CONSULTING GROUP CEO JIMMY
LEE, EARNINGS COMING IN,
OBVIOUSLY, CONCERNS ABOUT WHAT
IS HAPPENING WITH REGARDING TO
THE U.S. ECONOMY AND INFLATION
WHERE DO WE START?
>> GOOD MORNING, CHERYL, YOU
KNOW I THINK INVESTORS ARE IN
ON IDEA THAT THE FED MAY NOT
LOWER RATES AS SOON AS THEY
WERE HOPING.
AND SO MAYBE A CUT IN MAY
MIGHT BE LATER, I THINK WHAT
IS REALLY HAPPENING IS THAT
DEPENDING ON INFLATION DATA,
CERTAIN SECTORS OF THE MARKETS
ARE GOING UP OR DOWN BASED ON
THAT RIGHT NOW SEEING, YOU
KNOW SAW A LITTLE BIT OF A
BLIP WITH HIGHER INFLATION
NUMBERS CYCLE SECTOR SELLING
OFF, I THINK THAT LATER IN THE
YEAR, AS WE GET INTEREST RATES
IN THE FED BECOME TAILWIND FOR
INVESTORS, LOOK AT EQUITIES,
REAL ESTATE, I THINK CYCLICAL
DOING BETTER WE THINK
TECHNICAL WILL CONTINUE TO BE
WELL INTO LATE CUT OTHERS AS
FINANCIALS INDUSTRIES WILL DO
WELL, AS FAR AS THE ECONOMY
GOES CERTAINLY THE CONSUMER IS
WEAKER THAN BEFORE STILL
RESILIENT, STRONG ENOUGH TO
EVEN BE SPENDING I REALLY DO
BELIEVE THE RETAIL SALES
NUMBER THAT CAME OUT IN
JANUARY WAS DUE THE PARTIALLY
BECAUSE OF WEATHER I THINK THE
ECONOMY IS PRETTY STRONG.
CHERYL: INTERESTING, AS READY
FOR WALMART AND HOME DEPOT
TOMORROW MORNING I WANT TO ASK
YOU ABOUT THIS, THEN NVIDIA IN
A SECOND, BECAUSE, OBVIOUSLY,,
YOU KNOW WE’VE GOT, LAYOFFS
ANNOUNCED 30 MAINLY U.S.
CORPORATIONS ANNOUNCED OVER
28,000 JUST ABOUT CUTS IN
JANUARY MIGHT BE THE YEAR OF
THE JOB CUT LAST YEAR WAS
APPARENTLY THIS YEAR SO THERE
IS THAT, BUT SEEING MORE
LAYOFFS IN TECHNOLOGY,
SURPRISES ME BUT THEN, BACK ON
THE OTHER SIDE U.S. ECONOMY
WALMART OR HOME DEPOT, I THINK
FORECASTS ABOUT WHAT THEY SAY
ABOUT CONSUMER IS GOING TO
BE WHAT DRIVES STOCKS DRIVES
THE MARKET TOMORROW WHAT DO
YOU SAY?
I THINK YOU COULD BE CORRECT THIS REMINDS ME LIKE LAST YEAR
BIG TECH COMPANIES, ANNOUNCE
LAYOFFS PROPOSING FOR
POTENTIAL RECESSION NEVER
MATERIALIZED.
>> THIS YEAR SO FAR THAN LAST
YEAR I THINK COMPANIES FEEL,
PHENOMENAL JOB NAVIGATING
HIGHER LANDSCAPE TO PRODUCE
GREAT EARNINGS CONTINUING TO
SEE REPORTS 70%, 80% BETTER
THAN EXPECTATIONS, AS LONG AS
COMPANIES CONTINUE TO NAVIGATE
HIGHER RATES I THINK SECOND
HALF OF THIS YEAR WE COULD BE
OKAY.
I DO BELIEVE YOU ARE RIGHT
THAT, YOU KNOW, COMPANIES ARE
BEING VERY CAREFUL ABOUT HOW
MANAGING THEIR BALANCE SHEETS
INVESTORS AWARDING WITH
QUALITY EARNINGS IF YOU FOLLOW
QUALITY AS A FACTOR, UP, A LOT
THIS YEAR RELATIVE TO THE
OTHER WAYS OF INVESTING SO WE
ALSO THINK THAT QUALITY
EARNINGS, MANAGE CAPITAL,
OTHER GREAT IDEAS.
CHERYL: BEFORE YOU GO QUICK,
YOUR THOUGHTS ON NVIDIA THE
BIG ONE THIS WEEK.
>> WELL INVESTORS HAVE BET A
LOT ON NVIDIA EARNINGS, I
THINK CALL ACTIVITY IS ON A
PUBLICLY ALMOST COULD GO BOTH
WAYS, SO I THINK ACTUALLY
NVIDIA MIGHT PRODUCE GOOD
RESULTS, BUT IT COULD BE VERY
VOLATILE I WAS WARNING
INVESTORS THAT IS A STOCK
COULD BE VERY VOLATILE BASED
ON ANY EARNINGS REPORT.
CHERYL: BASED ON THE