Nightly Business Report

Jerry Castellini of CastleArk warns the world economy is heading for a “collision course with commodities,” as prices in everything from oil to cotton soar. He’ll join us with several ways that investors can hedge – and even benefit from – this growing trend in the market. Plus, trucking companies are desperately looking to hire as a driver shortage hits Europe. We’ll speak with the 2nd-biggest trucking broker about how to fix it. And, in today’s Rapid Fire: Netflix goes for gamers, Affirm goes crypto, Lucid goes luxury and Macy’s goes after Amazon.

Stocks are sliding today, with tech names dragging down the broader markets as Treasury yields trade near three-month highs and lawmakers in Washington continue their budget stalemate. And with a rising number of Fed vacancies, what might it mean for the central bank’s policy? And does it explain rising rates & the steepening yield curve? We’ll cover it all. Plus, soaring Nat Gas prices are causing more trouble in the UK and reverberating across the globe. We’ve got the latest details and the impact it could have here at home. And, Treasury Sec. Janet Yellen just issues a dire warning, saying if we don’t raise the debt ceiling, our country could face a financial crisis and a recession. We’ll discuss.

A gas crisis in the UK, debt problems in China and an imminent government shutdown here at home are just a few headwinds right now. Is the recent rebound in stocks really just setting a trap for investors? We’ll ask our market experts. Plus, Stifel’s Brian Gardner says the risk of a shutdown in Washington is on the rise as the chance of a debt default decreases. He’ll join us to explain. And, in today’s ‘Retail Edition’ of Rapid Fire: empty store shelves, a big bet on beauty and a rare negative call on Amazon.

China is moving against cryptos yet again, banning all but ownership. Is this a long-term headwind for bitcoin, or actually a buying opportunity? We’ll explore. Plus, we’ll speak with a money manager who says she’s looking for “Goldilocks stocks” right now as volatility picks up. She’ll give us her 3 names to own. And, while the company appeared to have everything under control publicly, new documents show panic at Robinhood during the height of “Meme Mania.” We’ll explain.

Stocks & bonds are rallying in unison, with the averages turning positive for the week. Is it the Fed? China? Or Washington? And most importantly, should investors chase this move? We’ll debate. Plus, there’s an under-the-radar transportation play that Morgan Stanley says could rally 50%. We’ll speak to the analyst behind the call. And, Doordash is quietly becoming a force to be reckoned with, up 50% this year. Can they keep it up? We’ll explore in today’s Rapid Fire.

We’re just moments away from the latest Fed decision, and we’ve got an all-star panel ready to cover every angle. In today’s Rapid Fire, we’ll talk taper, yields, and most importantly: what does it all mean for stocks? Plus, while the Fed argues inflation is transitory, General Mills disagrees. We’ll explain why the consumer staple giant sees rising costs ahead. And, Robinhood is caving to public pressure and changing the way it deals with cryptocurrencies. We’ll bring you the key details

Kelly explains why "financial speculators" are in the driver’s seat when it comes to energy prices.

Kelly explains how ESG investing actually begins with changing our own behaviors first.

Markets are rallying and trying to hold their gains after yesterday’s big selloff, while Bitcoin is trying to avoid more losses. Which asset class is better positioned to ride out this volatility? We’ll ask our market experts. Plus, Europe is in the midst of an energy crisis. Could it happen here? And what does it mean for stocks? We’ll explore. And, will China be able to control the damage from an eventual Evergrande collapse? We’ll explain what’s at stake, and who’s most vulnerable right now.

Stocks are sliding amid turmoil in China leads to a selloff in global risk assets. We’ll dig into the market’s September swoon, and cover all angles of today’s selloff.

Wall Street is starting to worry about Washington. Will the debt ceiling debate and tax hikes be what stops this rally? Plus, SPACs have had a spectacular meltdown since being all the rage earlier this year. And though it was a big year for IPOs, it wasn’t a great one, especially for some of the biggest names. And the government reportedly trying to fight back against hackers by hitting them where it hurts: their crypto wallets.

Goldman Sachs is launching a new actively-managed ETF today aimed at smaller, emerging tech firms. Can they rival the success of Cathie Wood’s Ark Invest? We’ll speak with one of the managers about Goldman’s vision of the future. Plus, NYU’s Aswath Damodaran says ESG investing is a waste of time, and is doing more harm than good. He’ll join us to explain why. And, America’s best-selling truck is going electric! The first electric Ford 150 Lightning trucks are leaving the factory today, and we’ll give you all the details.

Kelly explains why Apple’s annual product launch no longer holds the cache it once did.

Big tech, ride hailing, education, real estate and now casinos are the latest industry to get crushed as China’s regulatory crackdown intensifies. Will it ever end? We’ll explore what it means for investors, and what Bridgewater’s Ray Dalio says is the key point to remember. Plus, we all know the EV market is growing, but which company is going to win the race? We’ll speak to an analyst who will give us his top pick. And, CEOs of big businesses haven’t been shy about supply chain headwinds. But what about the small businesses that don’t have the same resources? We’ll focus on them.

Apple is expected to unveil a bunch of new updates today, including a new iPhone. Will it be enough to get people to buy it? We’ll explore. Plus, we’ll speak with a fund manager who says pandemic outperformers may once again lead the next market leg higher. And, shares of uranium mining firms have gone “nuclear” in the past 24 hours. Is this the next hot trade? We’ll explain.

Stocks are higher today, but the Nasdaq is in the red over the past week as tech struggles to stack gains. We’ll speak with a portfolio manager who says Amazon, Google and Facebook are actually undervalued right now. Plus, there are only 100 shopping days left until Christmas. Former Saks CEO Steve Sadove joins to explain why only half of them might actually be useable. And, in today’s Rapid Fire: China’s crackdown continues, “old” tech is hot again and what’s the next trade for Apple?

After another hot inflation reading, one thing is certain: the debate over inflation is not proving to be transitory. The hawks point to the surging cost of food, freight & restaurants, while doves point to other categories being muted. We’ll debate the lasting impact of inflation. Plus, a new tax proposal is making its way through Washington, and it’s aimed at stock buybacks. Will it pass, and would it wreck the market rally? We’ll explore. And, shares of Lovesac were already soaring this week, and it just got another big boost from earnings today. We’ll speak with the CEO about what’s ahead.

The market’s recent losing streak has investors wondering – do you stick with what’s been working, or start to get defensive? We’ll speak with a fund manager who has three names he thinks will continue to stack gains into the end of the year. Plus, Cheniere has been on a roll, and just announced it will be paying its first dividend in company history. But could surging natural gas prices spoil its run? We’ll ask the CEO. And, Academy Sports is down big today despite what its CEO called the “best earnings” in company history. Is this as good as it gets? We’ll explore.

Kelly explains the crucial differences in clean energies, and why solar may soon lead the way.

Kelly points out signals of upward pressure in the energy market that could hit consumers right in the wallet.