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Jonathan Krinsky tried to douse hopes of a rally, stating, "December in bear markets or in down markets is a much different story than the average December. But Weiss' argument started to crack when he was heard to invoke a variation of a popular CNBC slogan: "Inflation, that's the hardest thing to control once you let it get away from you. " Jim Lebenthal said it's "never a hundred percent clear, " but he agrees "very strongly" with what Josh said. "If you don't have the right policy, time is your enemy. Bill Ackman, an early Coupang investor, donates his more than $1 billion stake to charity. Is scott wapner related to judge wapner. On Wednesday's (11/30) Halftime Report, Joe Terranova affirmed that for the stock market to rally, Powell must "comfort" a market that's "upset. Judge asked Joe why he doesn't buy NFLX. We need to shut it down now, " Ackman told CNBC's Scott Wapner on Wednesday on "Halftime Report. "
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A viewer asked Weiss about POAHY. "Why wouldn't you want Peltz in there helping you along the way, " Link said. Ackman urged U. companies to stop their buyback programs because "hell is coming. " Josh said "it is undoubtedly already a white-collar recession. Why is scott wapner called the judges. Bryn cited Zoom and others as having "pulled forward a decade of growth. It was up to Dimon (and reading news articles later) to explain what is actually going on; it sounds like JPMorgan is opening a branch in a distressed area, and plans others.
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Kari Firestone said some Wall Street leaders have recently decided to "throw in the towel" on the economy, which "seems like bad timing. "Time with the right policy is the solution, " Steve clarified. Josh Brown didn't seem to think banks are doing anything special, other than experiencing the effects, good and bad, of the economy/rates.
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For his part, before Liesman's appearance, Siegel took a bit of a victory lap, stating, "Inflation is much lower than the Fed thinks" and that the "actual" home and rental price index shows "negative core inflation. Judge insisted Peltz is "not a short-timer. Now for the final question — Wapner asks if Icahn loses the Dell deal... will he just walk away and shake hands etc.? "Shortly after the show, I heard that some had interpreted my remarks as being very bearish on the market, " Ackman told investors on Thursday. Rob Sechan wasn't having any of this supposed rally, saying Santa got "run over" by the reindeer. Is there anyone who hasn't? "This market's oversold. Gerstner's new buy is NVDA. Later in the show, Josh said the bearish thesis for COIN was that the retail margins were bigger than institutional margins and not sustainable. Sue Grafton, the mystery novelist best known for an alphabet-titled series of novels beginning with "A Is for Alibi, " died in her Santa Barbara home at age 77. Carl Icahn Just Ended What May Be His Most Hilarious, Sarcastic, Awesome Interview Ever. Brown agreed with Judge and Joe and said the stock's "on a leash. "This guy is great, hilarious, and right, " tweeted Matt Bruenig, founder of the People's Policy Project, "though it is better to wipe them out through equity dilution (bailouts-for-equity) than through bankruptcy restructuring. He's looking for "another crack" at the stock under $300.
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That's helpful to viewers too. What Steve didn't acknowledge is that these silly speeches have no impact whatsoever on gas prices... but they seem to have a lot of impact on stock prices. Weiss went on to cherry-pick the S&P level from 1969 to 1979 to make a point about how stocks might go down for a long time. Scott wapner judge wapner. But this page couldn't wait to catch up with gorrrrrrrrr-jus Karen Finerman, as Karen on the 5 p. Fast Money opined, "I feel like he has been hawkish, hawkish, hawkish all along... and so it's surprising to me that today, all of a sudden, 'Oh my God, Look at how hawkish he is. At the beginning of Thursday's (2/23) Halftime Report, the before-Dimon portion, Steve Weiss said he's gotten more bearish because inflation is "stubbornly high, " though he concedes, "The economic data is very good. Jenny Harrington, who basically says every time to stick with the market but don't buy high multiple tech stocks, spoke quite a bit (not unusual) and stunned in green while once again leading the league in hair and said "We are reconciling 10 years of excessive returns.... Bryn said TSLA will have "at minimum $5 in earnings in 2023.
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Then Judge brought in Jeremy Siegel, the star guest, and asked if Siegel has been "too bullish" about plunging inflation. It's what lies ahead" (snicker), Judge said. Steve continued that "there's anecdotal evidence" and "the core" rate continued to go up. The most convincing "yeses" involve David Einhorn, who announced a TSLA short in February and a TWTR buy in August. On Tuesday's (10/11) Halftime Report, Jim Lebenthal got a little chippy when Judge reported on the performance of QCOM. We thought he had given up on that one. ) Joe said he's read all the 13Fs, and "everyone sees the same thing, " and when that happens, "the outcome never happens. Bill Baruch said consumers are healthy but the problem is when Fed policy "trickles up to the higher-end consumer. Judge questioned whether BA has another "massive burst" left.
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In a bank discussion featuring (unspoken on air but shown) a famous Halftime Report surname, Judge revealed that someone's handing out $70 targets on C again (remember when it was $5 about 10 years and Joe Terranova kept saying once it got over $5 then all the institutional investors would jump aboard... it finally got to $50 by doing a 1-for-10). Then, he was hired as an order filler at Drexel Burnham Lambert. The shocker of Tuesday's (2/7) Halftime Report occurred when Steve Liesman started channeling Jeremy Siegel. The horror... Judge described Monday's (10/10) Halftime Report as a discussion about the "central question of what the Fed is doing. Not really, but that's what it felt like. Jim suggested current multiple and enterprise value aren't that relevant and said there's some "paradigm shifting, " and eventually sub spending will "pay off. 3%, we're in trouble, " Liz said. And by the 11th minute, Judge was feigning incredulity about NVDA's year-to-date gains (see below, it was on Halftime too). So it sounds like she doesn't think it's going up anytime soon... but it's "warranted" to buy it now? Jim admitted, "This stock makes me look like garbage. " "No it's not case closed. Jim Lebenthal said that when Jim Cramer asked Dimon about invoking the recession playbook, Dimon "point blank" said "no. " Kari suggested META may be turning the corner.
Judge's star guest on his first Closing Bell (as permanent host) was Keith Meister (above), who got a free pass a while back on Halftime when touting all these life science investments that aren't going to return dollars for ages, something only Steve Weiss noted. Judge asked Joe how can "the price be right" if earnings come down. Veteran Atlanta morning news anchor of CBS46 Amanda Davis died of a stroke on Dec. She was 62. "Wow, " Judge responded. Jim said inflation over the last 6 months is "0. I don't know who you're getting texts from. Weiss told a viewer that buying Treasurys offers tax advantages — specifically, avoiding state-level taxes — that a CD does not. And once it started up yet again, we decided to take a pass.
Judge asked Jim Lebenthal about GM being down 43% over the last year, although it seemed like Judge was actually asking about TSLA; Jim had to ask for clarification. Bryn said TSLA is not just a "car company" but a "semiconductor company" and a "software company" and a "much bigger story" than F or GM. Judge says maybe Tom Lee. Josh Brown asked guest Casey Newton whether the "most responsible thing here" is to "shut the whole thing down. Guitars gently weeping: Didn't sound like everyone is George Harrison this time. On Tuesday's (12/27) Halftime Report, Mike Farr said next week, we'll start hearing "whispers and rumors" about how the Fed "might take a break" until it "drops the hammer again. Bryn Talkington suggested Monday was a "huge short covering. Jim said if it was a "permanently broken company, " Peltz wouldn't be invested. Charles Henry Mosley III, a former singer for the band Faith No More, died "due to the disease of addiction" on Nov. 10.
Rob Sechan touted META for his Stock Summit picks, "our friends in low places trade. " There are probably better ways to illustrate gaps between a parent and child than cheap motel rooms in a resort that seems lifted from "The Lost Daughter. While Judge warned about CPI, Jim Lebenthal questioned the reaction to a "softer" report. Liz Young said she's "sure" Monday's crew will be criticized if they "trash talk" the rally. Judge at the 13th minute actually said Joe Terranova was "looking again at the Q's (Zzzzzzz). This page reviews Bob Pisani's book touting index investing. Gerstner said META has been "incredibly gracious" and "communicative" and, apparently referring to his "open letter" to Mark Zuckerberg, said someone on Twitter said "this is the type of activism that works in Silicon Valley. " The Banshees of Inisherin — What if the character played by Colin Farrell was instead a woman? The law declares your powers forfeit for your actions on this day, And so I'm setting my Lawgiver to Deveganizing Ray! "There's so much bearishness out there, " sighed Brian Belski. Weiss said his "strong belief" is that NVDA will "retreat" from Thursday's level.
Judge insisted on yet another go-round on semiconductor stocks (Zzzzzzzzz), one of the most boring subjects discussed on the show. "I can say the exact same thing about Netflix, and you're in Netflix, " Link said. Compiling the year-end Call of the Year/Bust of the Year list (see below), we looked up some of these "Summit" calls from early January 2022. "It's got a whale on it! " 2022 was not a good year for CNBC panelists who tend to advocate tech stocks.
Yet, after the Giants and Dodgers announced their move to California in late 1957, New York as a baseball town was somehow Yankees-only. Meanwhile, NFLX ace Rich Greenfield made a rare appearance, saying now might be a good time to buy META. The Tony Award-winning writer of "Annie, " "Hairspray" and "The Producers, " has died at the age of 88 on Aug. 22. Weiss said the valuation comes down then.