Josh Brown, Kari Firestone, and Jim Lebenthal join CNBC’s ‘Halftime Report’ to discuss the market’s effort to price in jobs data, consumer demand for energy, and a potential General Motors recall due to explosive airbags. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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30 Comments
Pshh.. that gm recall is baked in already.
Dont fight the FED, sighs…..
The FED is to be blamed for economic crisis, they ultimately benefit from buying failed banks, houses or even cars cheaper. Oh well, they can print credit as long as someone will borrow it into existence, but production cannot be printed. Right or wrong?
All of this is unraveling. The consumer is out of money and CC debt along with high food and fuel(it’s not getting cheaper, inflation is just pushing the prices up slower) are becoming a major daily issue. Commercial real estate is on the brink. They know the rates are changing and they are scared. National productivity is down and wages are not keeping up. “hard landing”?? No. More like an impact.
Raise those rates and keep them there forever-no free money and keep TINA dead.
Josh Brown, my bag is getting heavier 😀
At present, the government doesn't possess well-defined plans to tackle the issue of inflation. Rising inflationary pressures are affecting different sectors such as stocks, housing, and commodities, resulting in price hikes. It's not wise to leave your money idle and hope for a market downturn. Instead, a prudent approach would be to actively invest your funds, starting with conservative investments and gradually increasing your exposure as prices begin to decrease. Making the decision to withdraw a substantial sum, surpassing $500,000, from my account at this juncture is a complex choice to make.
Not one of them actually bother to understand the macro
That’s absurd thinking. Just two months ago he was saying the market is going to all time highs in 2023. Now he is saying we are testing lows? Make up your mind Josh!
👍.I've been quite unsure about investing in this current market and at the same time I feel it's the best time to get started on the market. i was at a seminar and the host spoke about making over $972,000 within 3 Months with a capital of $200,000. I just need creative ideas to afford my retirement.
Wheres all the Tom Lees on CNBC now to brag about mission accomplished and S&P hitting 5k by EOY?
Josh just said on his podcast 2 days ago we are going higher and the was a bottoming process
The Rsi ! This guy
Take what he says with a grain of salt 😂
We're in Uncharted Financial Territory! Every day, we face obstacles that have become the new norm. Although it was initially viewed as a crisis, we now recognize it as the new normal and must adapt accordingly. Given the country's present economic troubles in 2023, how can we increase our revenues during this period of adjustment? I cannot let my $800K savings disappear after putting in so much effort to build them.
Thank you very much…
These people are the enemy of majority of Americans. Just a bunch of hype hucksters presenting as strategic economic thinkers. They make me sick.
Stocks are crazy overvalued
Huge recession needed
we’ve been due for a recession for four years now… Covid money gusher kicked the can down the road. Now it’s time:
ummmm…..Josh tossed out a REAL whopper, even bigger than usual when suggesting "new lows in major indices if we get a hot jobs report"…..folks, that would mean, e.g,. a 30-35% decline in the Nasdaq. Someone needs to see if he was drugged or something.
Oh snap is Josh finally bearish, guess what, counter trend rally, lol no doubt a bottom near is Josh bearish and its only gonna be a relief rally then the real market begins which he will be bullish buy then no doubt like how's he stay in business idk. Also its not stupid messaging moron Josh guess what, even as washed out as we are were historically overvalued which is why we have inflation. Yes we are worse now then 9 months ago, we have rate hikes finally kicking in and coming hard the consumer is strap, we have student loans coming due. The bear thesis is playing out. The market finally waking up all it was was a short squeeze rally sure we will probably get one more but guess what, oversold doesn't mean s..t stocks often crash from oversold levels Josh did you know that you should its literally your job, as you sink your clients money into historically over valued magnificent 7, like if you own meta and you had it before 300 and you didn't sell at 300 I don't feel bad for you at all when it falls apart again cause it will, I promise that, and I'll be there to short it again
when the generals fall hard, we will get a true bottom
The people I feel bad for are the people these morons at CNBC flat out lie to and say its a bull market all year long infact if it was then its one of the weakest bull markets in history, which sounds like a strong rally which is exactly what BEAR MARKET RALLY is. Llike if your buying the magnificent 7 all the way up here I ask you, dude what are you doing? And what do you think your forward returns will be a few years from now do you really think we're gonna take out pandemic stimulus all time highs with 0 rates now when we have way higher rates no stimulus no QE but QT, think about it CNBC, if don't fight the fed worked for the last 13 years then let me ask you this, why doesn't it work now why can you magically all the sudden fight the fed and win? They got streets named after that type of thinking, one way, be real if you short thr market do it on pops add alot of time and if it goes against immediately buy a call send it the opposite direction to stop the bleeding untill it comes back cause it will markets ultimately go way lower especially tech and the fagnificent 7 or 12
I agree with Josh mostly but we are in for a crash of epic proportions. The toll of 0% interest rates for decades will be paid. It also will be painful I’m afraid.
Thank god for the "investment committee"
anti faceripper call? fool me once…
Inverse Josh 🔥
One of the worst CNBC analysts I've ever seen is Josh Brown. He really just stated on his podcast two days ago that there was a bottoming process and that we are moving higher. At this point, I wonder what the best opportunities to invest now are, there are opinions but a little later I find out these opinions don't matter as a totally different turn of events play out with the stocks they recommended earlier…
Josh Brown coming to the wrong conclusions because he wants a certain outcome. Buddy, the Fed doesn't work for you or your stock market friends. It's there to help lower inflation and create employment when necessary. They don't need to tone it down so that more liquidity can enter the stock market. Nor do you seem to understand that we are actually worse off now than during the SVB crisis because people have less money. The economy has deteriorated. Have you not been outside?