Rally sustainability, Disney earnings on deck: Morning Brief
As markets cool, coming back from last week's rally fueled by former President Donald Trump's reelection, Morning Brief Hosts Seana Smith and Brad Smith sit down with top experts to discuss the top stories of the trading day. F/M Investments CEO and CIO Alex Morris outlines his view that the recent rally has room to run, saying, "Nothing is going to stop this move to the upside." Creative Planning CIO Jamie Battmer says investors should tune out the political "noise" and stay the course. The market is waiting for fresh economic data, with October's Consumer Price Index (CPI) slated for Wednesday and retail sales due Friday. PNC Chief Economist Gus Faucher breaks down what investors can expect from the data and what it means for the US economy. Disney (DIS) reports earnings before the bell on Thursday. LRT Capital Management founder and managing partner Lukasz Tomicki explains his worries about the company and the changes required of its streaming business. Taiwan Semiconductor Manufacturing Company (TSM), Tesla (TSLA), bitcoin (BTC-USD), and crypto-related stocks like Coinbase Global (COIN), MARA Holdings (MARA), and MicroStrategy (MSTR) are in focus on Yahoo Finance's trending tickers platform. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan.
