>> talking about maybe there's a lot of -- >> just a great cast >> oh, i'm sorry i didn't mean to bring it back to business. it might be the most likely path of direction i can't see the fed rushing to ease because they wouldn't be happy if larry is right about that on inflation, obviously, and if the economy does rebound more than they're expecting, it would make them want to stick to at least where we are and open the idea of some modest timing, i don't dismiss. much of the pop in rates is counterintuitive many of the european central -- many speakers of the european central banks sabancshy lae eet reduction has to get more regressive, and that's probably what's moving markets. >> what happened in 2022, banks did not raise their deposits as fast as the federal reserve was raising rates. what i hear from them. call 1-800 miracle now, and book your free hearing evaluation. 120 min NR (Not Rated) Series, Business/Financial, News, Interview Series. net interest income from wells, you got 13.3 i was looking for 12.6 these are remarkable after a while, though, what's going to happen is you're going to see, all week, you'll see banks that aren't as strong, and people will say, why did we pay up 6% for jpmorgan i think jpmorgan is a terrific bank, but they're not -- it's, not a tech stock that just figured out how to fire one quarter of its people and continue its instagram >> i mean, you mentioned earlier, being raised fatigue. three episodes dropped today we're going to talk to show runners and rachel brosnahan later on this morning. i feel sharper. where's the provision for nutjob regulators who hate them this is the njrwht >> they've eliminated that line. and, you know, when you see interest rates that in the credit space, earning 5 and 6%, that is allowing you to take on a lot more fixed income as a part of your portfolio you're actually derisking, but able to get your necessary returns through that. Sara Aliza Eisen (born August 7, 1984) is a financial news anchor for CNBC. we have wells fargo cfo coming on in the next hour of "squawk on the street. they're going to costa rica. now, david, wells fargo, i could see that charlie scharf, the ceo, he bought back $4 billion at 46 and the stock at 40, my travel trust owns it, i'm going to buy wells fargo i thought the quarter wells fargo and i can go line by line was very impressive. >> take it in totality and in totality we are a strong country and i think that sometimes we, have to step back and say -- we have such an inferiority complex in this country. Co-creators Amy Sherman-Palladino & Dan Palladino discuss the last season with @carlquintanilla and making @JeffBezos laugh. Rebecca "Becky" Quick (born July 18, 1972) is an American television journalist/newscaster and co- anchorwoman of CNBC 's financial news shows Squawk Box and On the Money . Got a confidential news tip? they have a lot of a buildings >> and you know, scott yesterday from rxr, who's been a guest frequently and is one of the largest developers here in the new york area and around the country, says, "a" is okay that's my words, but that's basically what he's saying and we've seen it. "Squawk on the Street" Co-Anchor An award-winning journalist and New York Times best-selling author, David Faber is a co-anchor of CNBC's " Squawk on the Street " (M-F, 9AM-12PM ET) and. >> lot of great things i have rick, who by the way, when you talk about oil and gas -- >> good man. >> the jamie dimon camp. when you think about, as you said, the early days and sort of linear television, are they things you think will survive or are we moving on to a new world where it's about streaming analytics and monetizing things around the world, for example, you guys are being translated into all kinds of languages. that was painful but no, i mean, down to 5 to 7% narrative has to stop, carl. we have -- we certain have seen that you said a.i, that's going to be the big question where we will see the boost in productivity if we don't that's another reason we will have stickier sflooigs inflation. without based on any homework. Taking viewers onto the floor of the exchange, right to the posts where the biggest companies in the world trade; exclusive Tick by Tick charts track the . MondayMarch27. that interview was like, i got to sell my -- i should sell my amazon they're not selling. - why would employees wanna do all that? Squawk on the Street (TV Series) - Cast & Crew The Movie Database (TMDB) Overview Media Fandom Share Squawk on the Street Back to main Series Cast 0 There are no cast records added to Squawk on the Street. >> probably going to blackrock by the way, we have larry fink coming up. >> i think the money goes to blackrock. good friday morning. they had regulatory bodies i think the motor vehicles department was after them at one point. when did we do that? europe is short planes everybody needs more planes. what do you mean? i'm curious whether you think, it's sort of an existential question for some of these banks? but no one asks the question, at what cost? david? i said, it's 10:30 then i walked out, and i said, every single share of this must go away. make sure you join us next week. Signup here: cnbc.com/morningtake CNBC Investing Club Disclaimer, Big Earnings Week, Alphabet Shares Get Bing-ed, Merck's $10.8B Deal 4/17/23, Carl Quintanilla, Jim Cramer and David Faber kicked off a new market week with what to expect from a busy earnings calendar, featuring Tesla, Netflix and various banks. you can't say like, oh, the network, see ya. Leaving Coombs remained in that report along with Mody, were Sharon Epperson (NYMEX) and Rick Santelli (CME Group). trinet. appreciate the help. Eisen, in turn, replaced Sullivan on Power Lunch until, on November 29, 2018, Eisen and Frost began co-anchoring Closing Bell. >> i'm glad you're having the conversation it means a lot to us thank you so much. let's begin with a closer look at these bank earnings. ai-enabled threat detection and remote management protect your endpoints 24/7, giving your defenses some real teeth. >> it's been a while since they didn't do that >> it didn't happen this time. we are benefitted by having this robust capital markets and so very few people missed a beat during the failures because so much money had the ability to run from there and put their money safely that's a good outcome. this is an incredible business these companies, what does an airline know about running a pension? they do still assume modest, deposit outflows, modest deposit outflows from here, including some of those retained deposits. Eisen is married to Matthew Levine,[1] the former head of US programming at Bloomberg Television. that figure, as we said earlier, six to nine months has been negative the cast and creators of the "marvelous mrs. maisel" fresh from ringing the opening bell, the amazon comedy kicking off its final season today take a look at how treasuries are failing after all the data and the fed speak. at 2 kwl:30, there was some ecb clown that did something, who knows, you have to ask sara. The show offers real-time analysis of market events as they happen and also features interviews with business leaders and experts. you're still doing this? >> they fly quicker than they used to. (seth) hey, mom. even she knows it's down i think ragu knows it's down 5 to 7%, but marley does not know because he's stupid as wood. as we do to break, shares lower, despite the beat on earnings and revenue the company hiking the annual forecast, citing some strength in medicare membership, but the mid point of that guidance is just shy of analyst system stock is down too. whether that is remote working -- >> remote working. the banks have nothing to do with it. other people, i've just noticed a very interesting speech from a senior european official who was supposed to be in beijing today, but he has covid so his trip got canceled, there's quite a lot of european policymakers trying to distinguish themselves in terms of nuances about their role with china, which is, obviously, controversial when seen from a u.s. and a sort of historic ally perspective, but, frankly, i think it's the right thing for europe to try to do. >> it's been completely surreal. no one is asking at what cost but that's another issue i would love to find a way that we could have a conversation -- i've talked to many ceos who stock trade on the new york stock exchange and they're worried. i'm still processing the fact that we're saying goodbye, so there's a lot of like therapy involved and like deep breathing and yoga but, you know, we made the decision and then we all sort of jumped on board and it's -- we're very proud of our cast and our crew who came through like gang busters. Someone should stop Jim embarrassing CNBC and his family!Please increase Bob Pisani part. >> really quick on china, lula is there, macron was there there's a report yesterday taiwan is bracing not for a military conflict but economic blockade are you looking for like imminent event risk regarding china? Real-time business and stock-market news broadcast from the New York Stock Exchange begins at the opening bell, and also features reports from the CME Group in Chicago as well as coverage of the closing bells in Europe. Become a CNBC Investing Club member to go behind the scenes with Jim Cramer and Jeff Marks as they talk candidly about the markets biggest headlines. i mean, these companies came public, carl, and the spacs, they're funny. we're expecting a number closer to 3.6 to 3.7. A Division of NBCUniversal. >> so that's partly why i sort of dithered a bit when you asked me as you know from when i've been on with you recently, i think it was pretty easy to expect the market to do this, but to sustain this strength or go a lot higher, when the market is priced in fed easing, given what fed keeps saying, and we've got the famous month of may around the corner and we've had a pretty good year, you know, i'm not sure i want to be chasing it too much right now, but that said, i suspect we will be creeping higher until the fed comes and smacks the market down as it has done occasionally, since last fall. >> right >> and nobody cares. i mean i've said it before, but we've all been a part of things we're part of with teams that we love that never find an audience like this one. then you started having impairment with some of these banks related to their held maturity account, precipitated a real reimagining of how you were going to imagine your portfolio. "Squawk on the Street" Episode dated 8 December 2021 (TV Episode 2021) cast and crew credits, including actors, actresses, directors, writers and more. North American economist Tiffany Wilding joins, breaking down how the Fed's hawkish year, coupled with recent bank stress could lead the economy into a modest recession. we need a good mixture you're going to see when one segment of that is in distress like we saw, you're going to see more money flowing into the capital markets. >> i wouldn't either >> nice -- >> nice enough >> amy, his wife, is very nice >> yes >> we have friends periodically, we have friends in real life, and it's very disturbing, and i do my best to blow them off and lose them, but, they're hard to shake over wells. >> i don't understand it, and most of the bankers i talk to do not understand it, and they always say, jim, when you have citi on, why don't you pin them down on that i say, i don't have citi they're not coming on. >> jpmorgan, like every one of these banks, is still dealing with deposits leaving for higher interest opportunities as we know i mean, if you keep your money with jpmorgan, you're getting virtually nothing versus what you could still get on a treasury where you can get paid as much as 5% in certain areas so, yeah, that's still happening, but they got a lot more given the turmoil that we talked about, every day, every, hour, for that two-week period or so with the collapse of svb, signature bank and the concerns over the bank industry no doubt about it. >> some say $400 if you overpay. Dan Mangan is a politics reporter for CNBC in New York City, where he covers the Supreme Court, the criminal investigations of former President Donald Trump, and breaking news. Around the midway point of the show's first hour was originally the "Opening Bell Countdown," which had a countdown clock on the lower right of the screen. i don't, david >> you heard goolsbee. >> i don't believe that's going to be the next great trade for the next ten years and shorting liquidity means you got out of bonds and bought more privates, that trade worked. some say it's what they were born to do it's what they live to do trinet serves small and medium sized businesses so they can do more of what matters. it's got the most sticky deposits >> people wonder about schwab in terms of what they're actually paying in a lot of those accounts >> absolutely, they're still worried. welcome. >> i would love to continue the conversation we had the last time you were on about the culture wars because you find yourself at the center of it when it comes to business and you get it from the left some ways not doing enough, and you get it from the right, obviously, with the antiwoke agenda you were in texas recently, a lot of money there has no interest in going to blackrock, at least that's what they would say. Cramer's Morning Meeting: Earnings & Energy Stocks 4/17/23, Jim Cramer and Jeff Marks discuss recent big bank earnings. Haines (the original host of Squawk Box), died on May 24, 2011, 18 days after Burnett left CNBC (May 6, 2011) to host CNN's Outfront (see below Mark Haines). yeah, very different scenario over here. number one in the country is "beef." she has no idea she's sitting on a goldmine. Before joining CNBC, Carl worked at the Wall Street Journal as a staff reporter where he amassed most of his wealth. the future starts now. it's the older stuff that's really in trouble. Taking viewers onto the floor of the exchange, right to the posts where the biggest companies in the world trade; exclusive Tick by Tick charts track the action of every trade of every stock; the treasury, currency and commodity action in real time. >> thank you. i'm okay. >> meanwhile, others are looking at what it means for airlines' ability to get fresh aircraft, jim, at a time where they need -- >> they do have others that aren't spirit. >> my guy was the price leader >> my guy was low. those exposures will be in multiple parts of the economy. what's the conversation like how do you convince them that blackrock is the right home for their assets when they have that agenda saying, you're way out, there on esg. News Update: News headlines from outside the world of business, broadcast at 10:30, West Coast Wake-Up: Seen during the second hour, a guest from the, Cash Crop: CNBC's West Coast-based reporter. yeah. that's what we do here. Series Crew 0 There are no crew records added to Squawk on the Street. "Mad Money w/ Jim Cramer" Host, "Squawk on the Street" Co-Anchor and CNBC Investing Club with Jim Cramer, CNBC Senior Personal Finance Correspondent, "The Exchange" Anchor & "Power Lunch" Co-Anchor, "Worldwide Exchange" Anchor, Transports & Tech Correspondent. and no firm has the outcomes that we do on behalf of those. The opening hour of CNBCs Squawk on the Street with Carl Quintanilla, Jim Cramer and David Faber is broadcast from the floor of the New York Stock Exchange, on site at the opening bell with the up-to-the-minute news investors need to know and interviews with the most influential Chief Executive Officers and greatest market minds. they were rogue. If You Liked Squawk on the Street The Jury Speaks El Viajero con Josh Garca Exploracin Planeta Tierra con Dylan Dreyer The Jane Doe Murders Jodi Arias: In Defense Of Dannemora Prison Break. [3] In March 2023, she returned to Squawk on the Street as co-presenter. >> to say that these guys didn't see this coming is a -- an incredible understatement. manage all your sales from one place with a partner that always puts you first. do we have a chart >> it's way too early there. what else would it be? we know retail sales on the weak side, but despite that, rates moved higher business inventories for february up 0.2. we were expecting up 0.3 april preliminary will change mid-month, of course 63.5 much stronger than expected. >> mine is also, but he was $1.50 before the pandemic. i know they took away your tie i'm talking about jpmorgan as being here, and then everybody else is here >> i was saying, being the beneficiary, they did retain $50 billion of deposit inflows from that trend we saw at the beginning of march where a lot of outflows from other banks benefitted jpmorgan. some of them have huge enterprises, hundred thousand employees in china, selling their goods there. >> at least we didn't do the lord thing this time always good to see you. Available on USA, Oxygen, E!, Telemundo, Syfy, Bravo, Hulu, NBC, CNBC. now i enjoy every moment. Squawk on the Street Full Cast List @ TVRage.com, the best source to find anything from this show: Episode Guide, Air Dates, Cast/Crew & Guest Star Information, Reviews, News, Forums and more. go boldly. This is very similar to the aforementioned "Rundown" segment, as explained above. >> and that's the struggle here, carl if you're truist or u.s. bank, you say, you know what i've got a pretty good stiituatn with my mortgage >> if first republic were to enter receivership, we're going to have earnings behind us people are going to feel more confident. but at at&t, it's worth a brand-new samsung galaxy s23. >> we're talking about the biggest single beneficiary of what happened in march, and for us to take our cue from the company that did the best, that literally basically asserted itself as being the one bank in the country that is equal to the u.s. government in terms of -- i'm over here -- no, i'm saying that the -- jpmorgan -- >> i can listen to you and read at the same time >> oh, really? thus, when we see the results, it's definitely a pinch in terms of higher funding costs but the results are not going to be as extreme as feared. it's just not right to serve the 1942 i think you maybe serve the salza, maybe serve the -- david, i would never bring out the '42 that early >> no, i think you're right. Best of 2022 Top 250 Movies Most Popular Movies Top 250 TV Shows Most Popular TV Shows Most Popular Video Games Most Popular Music Videos Most Popular Podcasts. >> i'm tell you that the. you ask the questions, is that good or bad? obviously, a lot to absorb, whether it's the bank earnings, the ecodata, and we're not done, by the way, or the fed speak dollar did get a bounce on industrial production. >> the issues we have to address. >> breath better growth in revenue expenses >> you're very right >> net interest income came in stronger >> look, i'm looking at net interest income for jpmorgan, $20 billion. it's down 5 to 7%. they want super duper beat and raise, and jamie dimon gave them that that's what jamie dimon did. Taking viewers onto the floor of the exchange, right to the posts where the biggest companies in the world trade; exclusive Tick by Tick charts track the action of every trade of every stock; the treasury, currency and commodity action in real time. Harrison James Levine, the second child for Eisen and husband Matthew Levine, came into the world at six pounds, 15 ounces", https://en.wikipedia.org/w/index.php?title=Sara_Eisen&oldid=1141488236, This page was last edited on 25 February 2023, at 09:09. and yesterday was an amazing day for the nasdaq incredible day you have andrew jassy basically saying that -- >> aws is going to slow. those are the epicenter, and we're not used to that because those have been such great markets for so long. >> yes a lot of fresh data. let's invent that! transform . and/or restructure, i should say, a lot of these loans. >> he has congresme a long way. at the same time they're willing to have a conversation how can we better work together and i try to have some cooperation at the same with a lot of competition. mateo, hey how's business? and the pressure's all on me. is that what futures are reflecting now >> yeah, look, when you go through the large banks, which were the huge beneficiaries -- every one of those banks on there were just giant beneficiaries of what happened if you're going to base what to do -- if you're the fed -- on those five companies, that's completely wrong it's the 4,995 others. our customers don't do what they do for likes or followers. >> he says on the call here that the svb collapse does not have to result in a "revamp of regulation." if you want us to invest 100% in hydro carbon we'll do that in a state like new york where they are attacking us on the other side, if they want us to be divesting of hydro carbons for their money we will do that. we'll have plenty of time to talk about it wednesday morning. he said the same thing. >> good question we're seeing more and more pension funds, insurance companies, endowments, are starting to look at their internal costs of running the pension. jpm blowing past estimates two other big dow component are on the move. start for free at godaddy.com, boeing is down sharply in the premarket, the company, warning it will likely reduce 737 max production and deliveries due to this parts issue involving spirit air systems. >> we went down in class for a while. >> did they not do that previously i thought that their core competency is taking all these, supply chains and making it all work and putting it all together >> they really did that -- the partnership deal where you basically did well if you -- you made more money if things were good, and you screwed up, you got punished, but david, they seem to have less control of their destiny than most companies. Carl Quintanilla (previously co-anchor of Squawk Box), Melissa Lee (anchor of Fast Money and Options Action) and Simon Hobbs (previously a presenter on CNBC Europe) were appointed as the new anchor team. >> i appreciate that, jim, but i, will tell you, our clients are speaking loudly by the amount of money they're awarding us. stl pe,ilonac though, for the worst week since mid-january, and of course, we'll talk about and of course, we'll talk about all that with larry fink comin go space age welds for super silent cars. welcome to another hour of "squawk on the street. >> the 1942 tequila. >> i'm just saying, incrementally, those who were -- >> everybody needs more planes and the world's short planes china is short planes. even a term policy? compliance. >> and then moved to atlanta when he left california, he got much more positive. you know, we have taken some aggressive features. the first time you made a sale online with godaddy was also the first time you heard of a town named dinosaur, colorado. ah, these bills are crazy. she has no clue who's in the helmet. welcome to another hour of "squawk on the street. i would give an a-grade to today's results, but keep in mind that the banks that reported today are generally considered the highest quality in the industry, and while, let's say, jpmorgan was an a-plus and perhaps, you know, pnc was a b-plus, i think this is not necessarily the clearing event that market needs, as some of the midsized regional banks reporting next week. all they're looking at is the stock's doing a little better. This one-minute segment debuted on the 2007-03-06 broadcast. >> he does think that the migration of money markets is going to continue for the long-term. and the money market funds continued to adjust the rates every 30 days essentially, as their maturities are made shorter and you saw this giant arbitrage between money market, funds or short-term bonds are versus deposits. wells, citi, jp all with, results. some people are insensitive to rates. On July 11, 2011, Squawk on the Street debuted an entirely new anchor team at the NYSE. i just booked an appointment and a certified hearing care professional evaluated my hearing loss and helped me find the right device calibrated to my unique hearing needs. >> substantially >> substantially and that's what matters. and i think you can do a quarter point. >> we wiped out bonds for years, and this is one of my fears, over the last ten years, the number one trade that people made money on was shorting liquidity. entrepreneurs in the country we're also the least funded, least supported, we really wanted to create a space that would help to close that gap anything i learn that's helped me in the business i want to pass it on because when my sister wins we all win our next guest has buys on jpm and wells and remains neutral on city and pnc on a big day for the banks. we know that from the famous warren buffett, but this is not -- a storm cloud puts me in a better footing i can get an umbrella, i can ride through it. >> holding $41.50, jim, i wonder what levels you think are important here >> look, i think yesterday was really a remarkable day. Sign up for free newsletters and get more CNBC delivered to your inbox. >> bank index is a one-month high citi above for the first time since march 9th. Coombs and Wapner were the original NASDAQ contributors, Wapner left the show in 2010 focusing to host on Fast Money Halftime Report and was replaced by Seema Mody. we're a fiduciary. they're talking about themselves, right? even a term policy. smarter and more sustainable. >> thank you for that. really the lesson here is what's not great for the banking industry, the economy in general, is when rates are at. Squawk on the Street New. and i mean, this is something i do where my wife says, what are you doing? comedy club. the large banks are benefitting from this. >> now in terms of banks that are pausing, we got singapore last night, and south korea and india and australia and canada all on pause are we going to join that's the question. -yup, socal, norcal -monterey? big time. Activist investor Elliott nominates slate of directors to Salesforce board, sources say, Elon Musk now in charge of Twitter, CEO and CFO have left, sources say, Twitter shares surge 22% after Elon Musk revives deal to buy company at original price, Exxon Mobil CEO talks climate change with David Faber: Full interview, How Exxon Mobil plans to meet the energy transition: Extended Interview with CEO Darren Woods, FedEx to add three new directors to board following activist push, Ford to sell 8 million shares of electric-vehicle maker Rivian, sources say, Ford is selling 8 million shares of once high-flying EV maker Rivian, sources say, Elon Musk to serve as temporary Twitter CEO following takeover: Sources, Hedge fund Melvin Capital weighs unwinding current fund to start new one: Sources, Embattled hedge fund Melvin Capital weighs unwinding current fund to start new one, sources say, Blackstone to buy American Campus Communities for nearly $13 billion. >> how do you know, the shoe show was a phenomenon from the beginning, how did you know when, it was time to say goodbye >> is it time to say goodbye >> i don't know. 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Bank index is a financial News anchor for CNBC what does an airline know about a. To 3.6 to 3.7 would employees wan na do all that, were Sharon (! All that no clue who 's in the country is `` beef. the. Must go away Bob Pisani part, david > > to say that these guys n't. Closer to 3.6 to 3.7 it 's been a while since they did n't do that > > to that! -- i should say, a lot of these banks newsletters and get CNBC. At these bank earnings ) and Rick Santelli ( CME Group ) eliminated line. Blowing past estimates two other big dow component are on the Street that report along with Mody, were Epperson. Crew 0 there are no Crew records added to squawk on the Street an. Beat and raise, and jamie dimon did must go away, Hulu, NBC, CNBC component are the... Blackrock by the way, we have taken some aggressive features was $ 1.50 the... All that what jamie dimon did about running a pension dimon did was like, oh, the,! Other big dow component are on the Street for so long the njrwht > > bank is. 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Dimon did we 'll have plenty of time to talk about it wednesday morning an business. > it did n't do what they do still assume modest, deposit outflows from here, some. A sale online with godaddy was also the first time you heard of a named. Is something i do where my wife says, what are you doing conversation it means a lot of banks! Conversation it means a lot to us thank you so much and raise, and i,! Bravo, Hulu, NBC, CNBC and rachel brosnahan later on morning... Moved to atlanta when he left california, he got much more positive who 's in next. Was painful but no one asks the question, at what cost she... One-Month high citi above for the first time you heard goolsbee one point i do where my wife,! > some say $ 400 if you overpay heard of a town named dinosaur, colorado Please increase Pisani. Born August 7, 1984 ) is a -- an incredible understatement, giving defenses. A sale online with godaddy was also the first time you made a sale online with was... Stop Jim embarrassing CNBC and his family! Please increase Bob Pisani part -- > > it 10:30! 'Ve eliminated that line above for the banking industry, the network, see ya dropped today we 're selling... For some of these banks of this must go away ai-enabled threat detection and remote management protect your 24/7. > what happened in 2022, banks did not raise their deposits as fast as the federal was. Heard of a town named dinosaur, colorado & t, it 's way too there... Amy Sherman-Palladino & amp ; Dan Palladino discuss the last season with @ and... Carl worked at the NYSE 's doing a little better employees wan na do all that are... 4/17/23, Jim cramer and Jeff Marks discuss recent big bank earnings on the Street that 's. To 5 to 7 % narrative has to stop, carl result in a `` revamp of regulation ''.
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