CNBC's Rick Santelli joins 'Squawk Box' to break down the July retail sales data, latest initial jobless claims report, import prices, and more.
Пікірлер: 46
@KacieLehman26 күн бұрын
I feel investors should focus on under-the-radar stocks, considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises plummeting stocks that were once revered. I don't know where to go here out of devastation.
@FolarinSodiq26 күн бұрын
The safest approach I feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown.
@ShellyHuerta26 күн бұрын
@@FolarinSodiq It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
@KacieLehman26 күн бұрын
@@ShellyHuerta This is considerable! think you could suggest any professionals/advisors? I'm in dire need of proper portfolio allocation.
@ShellyHuerta26 күн бұрын
@@KacieLehman My CFA ’ is “Victoria Carmen Santaella”, a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@KacieLehman26 күн бұрын
@@ShellyHuerta Appreciate this recommendation, hopefully, I can get some insight into where the market is headed and strategies to beat the downtrend when I hear back from Victoria Carmen Santaella.
@mrcmid913226 күн бұрын
🤔 if markets are up and people are spending, why would the federal reserve cut rates?
@PianoUniverse26 күн бұрын
next month
@robertjones228226 күн бұрын
Becuase the Fed wants hyperinflation.
@maribatcric26 күн бұрын
The high interest rate has a delayed effect on the economy. You don't want to wait until the inflation rate gets to 2% before cutting. That would mean that there would be further, delayed impacts of the decision that could cause a recession. You don't start applying the brakes in your car just when you reach an obstacle. You start applying them in advance of the obstacle.
@tterb77726 күн бұрын
Well. Based on this no interest-rate cut in September.
@LiquidFlux6626 күн бұрын
There will always be sectors of the economy that do better than others..either artificially or actual..for instance, I'm in big box retail. Short term employee layoffs,cutting hours and other business expenditures reflect the bottom line...In actual profit of business products and services my brand of retail is suffering big time..The sales numbers are not even close to the margins expected..And this has been trending for months..Short term solutions are just that short term solutions..That artificial profit, artificially raises the stock price making it seem appealing..Cisco lays off 6000 people and the stock price rises...To be fair,yes a tech giant like Cisco is profitable by way of services and products. However layoffs definitely aren't due to increased productivity or business expansion.Maybe technology replacing people?
@stevezide980126 күн бұрын
I don't get it. Of course the consumer is spending more. Prices are way up from a few years ago. Our bills are higher. We're not buying more, we're buying the same (or less) at higher prices.
@anthonyd411926 күн бұрын
Inflation is 2.9% year over year so prices are not that much higher as you think
@MatthewMS.26 күн бұрын
No US economic report is official until read by CNBC’s Rick Santelli 📄🇺🇸 Absolutely Beautiful 💥‼️ I knew it. Roaring 20’s Party Back On 🎉🥳
@tegan-x6r26 күн бұрын
My life changed too when I started doing this and putting money in stocks. The first few years it as really great, but this year I haven't felt like my portfolio is doing well. I have lost more than $40,000 from my portfolio the past four months, and it's now very worrisome.,..
@robertjones228226 күн бұрын
Time to RAISE rates or get ready for hyperinflation.
@samwalton459826 күн бұрын
Back to school bump in retail sales!
@William186626 күн бұрын
And next month it will be revised lower. I am so sick of this.
@nolanstephenson259926 күн бұрын
When you do these releases can you please put the results on the screen as he's reading them off?
@slo23200026 күн бұрын
Don't be fooled by these phony "sales are up" reports. Of course overall retail sales will look strong when inflation has severely impacted pricing on everything you purchase now. People are buying WAY less but still paying same or more for less products. Most items I purchase on a regular basis are up 30%-50% and many items have doubled in price in the past few years (or more).
@2023gainer26 күн бұрын
Strong spending to save money long-term. FSRNQ.. Fisker rising 20 % today..Zapp... Rivian... Lucid...Lev..Lion Electric..QS..Li Auto... Tata Motors and more.
@tterb77726 күн бұрын
No interest rate cut in September. The economy is still too hot.
@cloycecarlen791626 күн бұрын
If the economy is so good, why are thousands and thousands of retail stores closing??? Every time we get a government economic report, the next month it is ALWAYS revised LOWER! Explain that CNCB guys!
@MM-xg2td26 күн бұрын
Yeah more spending in JULY during VACATION during TOURIST TIME....
@JustinStempel-d9p26 күн бұрын
Good then do not cut rates!
@ssuwandi324026 күн бұрын
Because price still creeps up. Thanks the fallacy of KommieLa Green deal
@cmac738426 күн бұрын
All the MAGA weirdos are gone. When stock market made correction couple of weeks ago they blamed Harris. Are you gonna praise her now?
@Nyhiak26 күн бұрын
Poor CNBC still praying for recession. Apparently they are still waiting for $5k gold and investment sneakers.
@dons307326 күн бұрын
Back to school shopping and going broke and you know it
@C.J.M..26 күн бұрын
The Kamala bump?
@robertjones228226 күн бұрын
How can an anti capitalist have an economic bump ? 😂
@dons307326 күн бұрын
They have to spend more for less what’s better about that it’s not
@lfischer838025 күн бұрын
Even CNBC's democratic shills are exposed when Santelli's commentary parallels the government published numbers. However, the listener must be able to think critically. Otherwise, one misses the subtle sidebar.
@tterb77726 күн бұрын
I agree with some folks. Time to raise interest rates.
@juanrestrepo30226 күн бұрын
Way to Go! Retail Spending up in July - Thank you President Biden
@chuyenpham333626 күн бұрын
Greattt
@dreadfuldonkey26 күн бұрын
Hey, I seen your Social Security number on the dark web