Closing Bell: Do the Bulls Have the Upper Hand? 12/12/23

Closing Bell

CNBC

News, Business

4.4 • 139 Ratings

🗓️ 12 December 2023

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Schwab’s Liz Ann Sonders and Trivariate’s Adam Parker weigh in with where they see stocks headed from here. Plus, Goldman Sachs President & COO John Waldron with his exclusive take on the markets, fed and the economy. And, T. Rowe’s Sebastien Page is breaking down his forecast for the fed and what he’s expecting from Powell in the New Year.

Transcript

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0:00.0	Welcome to Closing Bell. I'm Scott Wobner live from Post 9 here at the New York Stock Exchange.
0:04.3	This make or break hour begins with the outlook for your money, whether a powerful new bull market is just beginning.
0:11.1	We're going to ask Schwabs, Liz Ann Saunders, and Trivariats, Adam Parker, that key question
0:16.6	in just a moment and later a closing bell exclusive with the President and Chief
0:20.2	Operating Officer of Goldman Sachs. John Waldron will be with me here at
0:23.8	Post 9. All topics on the table, the markets, the economy, the future of the firm.
0:29.6	In the meantime, your scorecard with 60 minutes to go and regulation looks like this we are in
0:33.6	the green as we begin the final stretch a pretty benign
0:36.9	CPI report today all eyes now of course on tomorrow's Fed decision and
0:41.4	chair pals presser interest rates they are holding
0:44.0	steady ahead of all of that we're watching that closely too and it all takes us to our
0:48.2	talk of the tape the upper hand and whether the Bulls firmly haven't.
0:53.0	Let's welcome Schwab's chief investment strategist Liz Ann Saunders
0:57.0	and the founder and CEO of Trivariot, Adam Parker, he's also a
1:00.0	CNBC contributor.
1:01.0	Both are with me here at Post 9, which I'm so thrilled about.
1:03.9	It's nice to see you both.
1:04.9	Lizanne, so you first, what's going to happen tomorrow?
1:07.9	What's the chair going to say?
1:09.2	Is he going to rain on this market parade or keep it going?
1:11.9	That's the open question.
1:14.0	Whether he does it overtly by actually raining on the parade and pushing back against the
	...

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