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Closing Bell

Closing Bell: The Risk-Reward for Your Money 10/9/23

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 9 October 2023

⏱️ 43 minutes

🧾️ Download transcript

Summary

Is the risk/reward for your money about to get better as some are suggesting? Adam Parker of Trivariate Research and Emily Roland of John Hancock Investment Management give their expert forecasts. Plus, Doug Clinton of Deepwater Asset Management breaks down where he is seeing opportunity in tech ahead of the wave of earnings. And, Meera Pandit – JP Morgan Asset Management’s Global Market Strategist – weighs in on how she is navigating uncertainty overseas amid the war between Israel and Hamas.

Transcript

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0:00.0

Welcome to Closing Bell. I'm Scott Wotner live from Post 9 right here at the New York Stock Exchange.

0:04.0

This make-or-break hour begins with markets on edge as a critical week gets underway.

0:09.0

Clearly, the events in the Middle East have introduced a new level of risk for investors but markets

0:13.9

they are strengthening as we move into this final hour.

0:16.7

Take a look at your scorecard with 60 minutes to go in regulation.

0:20.2

We're at the highs of the day across the board and that's despite those

0:24.0

geopolitical concerns even the NASDAQ which was the big loser earlier has

0:29.2

turned around it's good for one half of one percent but everything right now is in the green

0:34.8

that ahead of earnings and important inflation data still to come later in the

0:38.7

week so there's a lot still ahead of us obviously also worth noting today the bond markets closed

0:44.0

but importantly bond futures suggest a much needed rate relief could be on the way

0:48.6

tomorrow as yields look as though they'll be decidedly lower and it'll be

0:52.4

interesting to see of course how that

0:54.1

cycles through the equity market but perhaps some of it already is as we showed

0:58.0

you what the stock market is doing perhaps in part based on what's happening in

1:01.9

the futures market at least as it relates to

1:04.2

bonds takes us to our talk of the tape the risk reward for your money and

1:07.8

whether it's about to get better as some are suggesting let's ask Adam

1:11.9

Parker he's the founder and CEO of Trivariate

1:14.4

research a c. NBC contributor with me as you see at post nine interesting turn

1:18.6

in the market yeah you think it is in part because of what the futures are telling us that bond yields

1:25.2

could do tomorrow and we'll get some relief?

...

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