Closing Bell Overtime: Tom Lee’s Market Insights, Natural Gas Moves, and Real Estate Trends 1/8/25
Closing Bell
CNBC
4.4 • 139 Ratings
🗓️ 8 January 2025
⏱️ 43 minutes
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| 0:00.0 | That's the end of regulation intercontinental exchange, ringing the closing bell. The New York Stock Exchange, |
| 0:06.3 | well hub doing the honors at the NASDAQ. Stocks wavering between gains and losses as investors keep a close eye on treasury yields and way the latest signals from the Fed. |
| 0:16.4 | That is the scorecard on Wall Street, but the action is just getting started. Welcome to closing |
| 0:20.8 | bell overtime. I'm Morgan Brennan with John Ford. And ahead this hour, just how worried should |
| 0:25.5 | the Bulls be about rising bond yields? Fundstrats, Tom Lee out with a new note on that topic, |
| 0:31.3 | and he'll join us with his advice for investors. Plus, energy trader Bill Perkins joins us |
| 0:36.4 | with his take on the big swings for natural gas and how frigid weather, Trump energy policy and geopolitics are impacting the commodities markets. |
| 0:45.9 | But first, let's get straight to today's market action with Courtney Garcia, Paine Capital Management Senior Wealth Advisor and a CNBC contributor and Daniel Skelly, Morgan Stanley |
| 0:54.8 | Wealth Management Executive Director. |
| 0:57.0 | It's great to have you both here, especially as we did have the S&P basically eke out |
| 1:01.7 | again, albeit barely, similar situation for the Dow and the NASDAQ. |
| 1:07.1 | But Courtney, just in terms of how important yields are to the equity picture, is that really what's driving things right now? |
| 1:14.1 | Or is this a situation where there's a lot of sitting on your hands and awaiting earnings and other key catalysts like jobs later this week? |
| 1:21.3 | It's probably a little of both. |
| 1:22.6 | But I think when you're looking at the markets, especially today, a lot of that is due to what's happening with the Treasury. |
| 1:27.2 | And inflation is absolutely going to continue to be one of the headlines that markets |
| 1:30.5 | are looking for, right? So we actually saw the 10-year Treasury spiked. It did come off of some |
| 1:34.7 | of those highs. You're seeing now the markets have actually kind of recovered as that |
| 1:38.1 | treasure has come down. But really, what the bond markets are continuing to tell you is that inflation is likely going to be an issue. |
| 1:44.7 | You're being starting to see this peek in when you're seeing like goods deflation is actually slowing. |
| 1:50.1 | You're starting to see like these inklings of inflation continuing to peak its head here. |
| 1:54.6 | And that's where the markets are really starting to see where those things are going. |
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