Closing Bell: Rally or Re-Test Into Year End? 11/6/23
Closing Bell
CNBC
4.4 • 140 Ratings
🗓️ 6 November 2023
⏱️ 43 minutes
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| 0:00.0 | Welcome to Closing Bell, I'm Scott Wobbler live from Post 9 here at the New York Stock Exchange. |
| 0:04.0 | We have a big exclusive interview coming up this hour, billionaire investor Mark Lazzry with us in just a bit. |
| 0:09.2 | We'll talk the markets of course and also his new sports fund as he looks for new investment opportunities. |
| 0:15.0 | In the meantime this make-a-break hour begins with the bullcase for stocks and why some argue the rally in the year end could be just getting started. |
| 0:22.0 | Here's a scorecard with 60 minutes to go in regulation. the year end could be just getting started. |
| 0:22.6 | There's a score card with 60 minutes to go in regulation. |
| 0:25.1 | Right, we're taking a much needed and probably deserve |
| 0:27.7 | to breathe her after putting in the best week of the year. |
| 0:30.3 | Small caps leading declines today and that's after a solid five day stretch there's |
| 0:34.8 | your scorecard as it looks right now you see the Russell giving back about one and |
| 0:38.8 | a quarter percent muted gains elsewhere yields though they're bouncing a bit today following their |
| 0:43.4 | rapid decline last week there's the tenure 466 takes us to our talk of the tape |
| 0:48.3 | the setup for stocks and whether it has improved enough to support a rally into the end of the year. |
| 0:54.0 | Let's ask Anastasia Amaroso, I-CAPitals, Chief Investment Strategists here with me at |
| 0:58.1 | post-9. |
| 0:59.1 | Welcome back. |
| 1:00.1 | That is the central question after that unbelievable week we just had does that mean |
| 1:03.4 | our chances of a year-end rally have now improved? I think they have I think they're |
| 1:07.6 | back on and you look over the last couple of weeks a couple of months I should |
| 1:11.0 | say we had a lot to worry about it specifically |
| 1:13.0 | we're worried about what the Fed is going to do about the upward movement rates |
| 1:18.3 | across the curve we worried about the Treasury and what the borrowing estimates are |
... |
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