Say. [laughter] charles i knew i loved you for a reason. Liz charles, thank you very much. Breaking news as we kick off the a final hour of trade. Take a look at apple ahead of one of the most anticipated earnings reports of the season. Apple shares right now up 2 , very close to session highs right now. After the bell the tech giant opens its quarterly books to investors who, you guys know this, are very anxious to see the company reveal profits and sales. Now, Analysts Expect to see the biggest revenue decline in more than a year, but shareholders will likely cast the most scrutiny on iphone sales which do account for about half of the tech giants revenue. Thats where things could get ugly. China iphone sales have slumped s and globally iphone users have been holding their purchasing fire on a new device until apple incorporates a. I. Into its handsets. Sales could plummet by as much as 10. 4 although, let me just say this caveat, apple sometimes underpromises and overdelivers. Smart
Just not in qe times anymore. Youre in the qt era. It is a higher rate environment. Cant be the same multiples as before. It is not bad, just different. Just a different environment. Pretty clear from my conversation with the Hedge Fund Legend hes trying to figure out what the right multiin many this market is like all of you is. Is it 18 times, 19 times, 16 is it lower than that . If so, that wouldnt be great. Thats what he said. Not terrible, but he did tell me about a new investment he made yesterday. Know what he did . He got 6 on his cd for six months. So he put some cash there. Like a lot of you have done. Says he didnt tell anything in his portfolio, thats clear. Stocks are lower as we come on the air. Wanted to bring you that news first as well. Government shutdowns looming, thats the overhang today. In part with Everything Else. Lets kick all of it around, comments from david tepper with cnbcs senior markets commentator, mike santoli. Lets start with what tepper had to say, he
Jack welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead. Im jack otter. Coming up, higher rates for longer, thats what the Federal Reserve signaled this week. Ill ask jack ablin what stocks investors ought to own. Then, new obesity drugs have the numbers going down on the scale, but it could be making Health Insurance more expensive for all americans. And later, the sphere is here. Well take a look at how you can make money off a Brand New Entertainment venue in las vegas. We begin, as always, with three things investors ought to be thinking about right now. Stocks down sharply for the week on the latest news of the fed. Investors are now looking ahead to next weeks key economic data. Then the Housing Market urn pressure. Mortgage rates remain above 7 , and existing home sales are nearing a 13year low as homeowners happening on to their properties, but investors can find attacktive yields. And finally, rocket labs stock hitting a taking a
Jack welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead. Im jack otter. Coming up, higher rates for longer, thats what the Federal Reserve signaled this week. Ill ask jack ablin what stocks investors ought to own. Then, new obesity drugs have the numbers going down on the scale, but it could be making Health Insurance more expensive for all americans. And later, the sphere is here. Well take a look at how you can make money off a Brand New Entertainment venue in las vegas. We begin, as always, with three things investors ought to be thinking about right now. Stocks down sharply for the week on the latest news of the fed. Investors are now looking ahead to next weeks key economic data. Then the Housing Market urn pressure. Mortgage rates remain above 7 , and existing home sales are nearing a 13year low as homeowners happening on to their properties, but investors can find attacktive yields. And finally, rocket labs stock hitting a taking a
Jack welcome to barrons roundtable where we get behind the headlines and prepare you for the week ahead. Im jack otter. Coming up, higher rates for longer, thats what the Federal Reserve signaled this week. Ill ask jack ablin what stocks investors ought to own. Then, new obesity drugs have the numbers going down on the scale, but it could be making Health Insurance more expensive for all americans. And later, the sphere is here. Well take a look at how you can make money off a Brand New Entertainment venue in las vegas. We begin, as always, with three things investors ought to be thinking about right now. Stocks down sharply for the week on the latest news of the fed. Investors are now looking ahead to next weeks key economic data. Then the Housing Market urn pressure. Mortgage rates remain above 7 , and existing home sales are nearing a 13year low as homeowners happening on to their properties, but investors can find attacktive yields. And finally, rocket labs stock hitting a taking a