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Technology and economic dominance. It wont last forever, but right now, wow. Plus, theres no greater influence at this moment on the stock market than the assumption that powell and company are going to to cut rates. But what if they dont . And has the bifurcation between the wealthy and the working class grown to Dangerous Levels . Id love to hear your thoughts on this. Have we bonded blue collar america and what because it mean, tweet me cbpayne. We all know freedom isnt free although we all kind of take it for granted. Ive got a very special memorial day take on that. So much more on making...

Pouring with rain. You can probably hear the thunder just outside the studio. It is 10 00 eastern, straight to the money, the markets very interesting, nasdaq has lost its 200 point lead, now it is up only 85 points, the dow industrials down 200 points, only four down stocks for the dow 30, 6 of them, the dow 30 in the green, the rest are in the red. 10 year treasury yield going up 4. 46 , price of oil below 80 a barrel, bitcoin at 679. Just received the latest read the the number on new homes. Lauren 634,000 new homes are sold in april on a seasonally adjusted annual basis. Marchs figure was ...

Guests, and nice to see you. Thank you for joining us. Thank you. Lets check the markets now you know the story the nasdaq is where the bulk of the damage is. Down near 2 a loss of 236 points yields are very much the story today as well. Backing up yet again toward 5 there is 491 the tenyear note yield. However, i want to start with microsoft. That is the story today or certainly one of the stories at least the positive story today as your cloud Revenue Growth accelerating for the first time in a couple years because of ai, you own the stock. Give me your take. Its good we saw Cloud Services g...

Dow which last 313 points, s p down 26, nasdaq clipped by 85 points. Stocks were lower this afternoon. And stumbled further on the release of the minutes of the april 30th meeting. Did not help to see participants mentioned recent data did not increase confidence and progress towards the 2 inflation goal and some noted, this dumped the markets here, to tighten policy, should risks to the Economic Outlook to materialize and make such action appropriate. A rearview look, markets headlights are about to beam brightly. The Quarterly Report after the bell, and the chip behemoth, they are down 15 po...

It ended up 34 points. Look at what is happening with the treasury market. This is the big story from yesterday. Huge swings where you saw the yields up significantly in the morning and drop Something Like 18 or 19 basis points. You see the tenyear yield below where we were this time yesterday. 4. 488. The twoyear yield at 5. 07 . Lets look at crude oil. Wti is up to 85. 93. Then we look at the crypto board. You b bitcoin is up this morning with the speculation it will be approved by the s. E. C. 17,000 is low. I remember it. I dont get the speculation. We talked to hester yesterday. I cant be...