Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Kudlow also said that he still expected Chinese negotiators to meet with Trump administration officials in Washington in September to continue trade talks.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Sen. Ted Cruz came to the defense of toy-making giant Hasbro on Thursday after the company came under fire over a "Monopoly Socialism" game that takes as its slogan the phrase...Politicsread more
Investors should be cautious heading into the first U.S. interest rate increase in years, but any pause in the Fed's upward path presents a buying opportunity, strategist Jason Trennert said Tuesday.
Unlike past tightening cycles, the central bank is unlikely to hike rates steadily—for example, by a quarter percentage point at each meeting of the Federal Open Market Committee, the chief investment strategist at Strategas Research said. Instead, the FOMC will probably pause for a couple of meetings as it assesses how the next rate rise will affect financial conditions.
Presumably, that staggered schedule would open opportunities for traders to analyze which securities will rise and which will fall as the Fed either pauses or proceeds with rate hikes.
"That could be a very important, very powerful signal for risk-on trade later on this year," Trennert said on CNBC's "Squawk Box."
Read More Time to get out of US stocks: Mobius
The Fed's benchmark federal funds rate—the interest charged to banks for short-term lending to other financial institutions—has remained near zero percent since December 2008.
The market is going to have "a little temper tantrum" when the Fed eventually raises rates, but it will come to terms with monetary policy tightening, said David Katz, chief investment officer at Matrix Asset Advisors.
"Going from zero to a quarter percent is very, very manageable for the economy, and it should be manageable for the stock market," he said on "Squawk Box."
When asked if current market volatility is driven by uncertainty over the Fed's path of monetary policy, Katz said the swings represent a return to normality, and their absence in recent years has been abnormal.
Still, he noted that interest rate uncertainty and the fact that valuations have risen significantly, certainly contribute to volatility.
"There are a batch of things going on, but that's a reality of equity investment and that's why you get paid more than you're getting in the bond market," Katz said.