"That's my view. They'll cut preemptively in June. That is to say Wednesday," says the Grant's Interest Rate Observer newsletter editor.Economyread more
It's about time to write off high-growth tech stocks, Goldman Sachs warned, saying the double whammy of sky-high valuation and elevated regulation is becoming a "hazard" to...Marketsread more
Iran will surpass the internationally agreed levels of its low-enriched uranium levels in 10 days, the country's atomic energy body said Monday.Politicsread more
Sotheby's announced Monday that it's signed an agreement to be acquired by BidFair USA, a venture owned by art collector Patrick Drahi.Marketsread more
Ross played down the prospect of an agreement being reached at the G-20 meeting in Osaka on June 28-29.Paris Airshowread more
Google CEO Sundar Pichai said in a CNN interview that while the company will work to remove as much harmful content as possible, the company can't remove 100% of it.Technologyread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
The pizza chain's robo delivery program could add to store owners' options during peak times.Restaurantsread more
Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a tweet that says it pays...Technologyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
Jack Ablin, chief investment officer of BMO Private Bank, shares his market views in an exclusive interview for CNBC PRO with Mike Santoli.
On Trump's tax cut agenda: "I do think that investors are taking this show me attitude … If we do get the [Trump] policy, I don't think it is baked in and I do think we will get a lift," Ablin said.
On his market outlook: "The stock market over long periods of time is essentially earnings plus dividends. If we've got an earnings yield of 3 percent and we've got a dividend yield of 2 [percent], we could get 5 percent or so, maybe a little bit more out of the equity markets," he said.
Ablin is the head of macro strategy and responsible for investment strategy at BMO Private Bank. The firm manages more than $24 billion in assets for its clients, according to its website.
He also discusses:
The interview is exclusively for CNBC PRO subscribers.