Thank you Frank Holland, Worldwide Exchange, and @CNBC for the opportunity this morning to discuss why markets could fall into a correction. Most importantly, any correction should be short-lived on solid earnings growth and $24T of cash on the sidelines.

#Fed

LISTEN NOW: Amazon says profit more than tripled during its most recent quarter. RBC's Brad Erickson and GraniteShares' Paul Marino dive into the results. Listen and follow the Worldwide Exchange podcast here: link.chtbl.com/worldwide_exch…

'You're going to hear more and more people mention stagflation. I would not worry about that,' says Courtney (Dominguez) Garcia, CFP®️ to Frank Holland

'I don't think the guidance is [pressuring the stock]. I think right now you're seeing some macro factors that are weighing on performance,' says GraniteShares ETFs' Paul Marino to Frank Holland $AMZN

'It was mostly future expectations over the 6-12 months that really worried people. So people are concerned about the cost of living. They're concerned about inflation and the cost of debt,' says Steve Odland to Frank Holland

'I think it could be a really interesting meeting because there are a lot of things that [Fed] Chair Powell could say that would take us in a slightly more hawkish direction,' says Jeanna Smialek to Frank Holland

'Things are playing out exactly as we would've thought and exactly as a lot of the bulls would've thought, and so that's maybe the reason the stock's only up a couple percentage points,' says RBC Capital Markets's Brad Erickson to Frank Holland $AMZN

'We do think small caps are pretty attractive from a valuation and from a fundamental standpoint,' says Gene Goldman, CFA to Frank Holland

#WEXWrapUp w/ Frank Holland: Stories you may have missed from today's show.

- At least 100 arrested at Columbia University
- $SBUX reports sales slowdown
- $MSFT to open Thailand plant
- $PCG offers $KKR minority stake
- $VIK raises $1.5B in IPO
- #Bitcoin falls below $58K

On today's show with Frank Holland:

Markets: Gene Goldman, CFA
Amazon: Brad Erickson and Paul Marino
Fed: Jeanna Smialek and Steve Odland
Trading: Courtney (Dominguez) Garcia, CFP®️

Reporting: SilviaAmaro, Silvana Henao, and Contessa Brewer

See you at 5am ET on CNBC!

LISTEN NOW: The parade of big tech earnings rolls on, with Amazon reporting Q1 results today. The Futurum Group's Daniel Newman lays out his expectations. Listen and follow the Worldwide Exchange podcast here: link.chtbl.com/worldwide_exch…

#WEXWrapUp w/ Frank Holland: Stories you may have missed from today's show.

- Fresh job cuts at $TSLA
- Elon Musk net worth grows
- Bob Bakish out as $PARA CEO
- $MSFT new Indonesia bet
- $MSTR posts Q1 loss
- $PPWLM faces wildfire fines

'That's really the core of our message in looking international. You're being paid to take risks. You're not being paid to take risks in the U.S.,' says Thornburg Investment Management' Jeff Klingelhofer to Frank Holland

'Amazon is in a tough situation because the speed of growth - $GOOGL getting close to 30%, $MSFT in the mid-20's - $AMZN has slowed down,' says Daniel Newman to Frank Holland

'On a relative basis, this is still a share-gainer despite the fact that you're getting into a slower sales environment this year,' says Morgan Stanley's Brian Harbour to Frank Holland $MCD

'The best opportunities [in fixed income] are a mixed bag. You've got some really enticing yields,' says Emma Wall to Frank Holland

On today's show with Frank Holland:

Markets: Emma Wall
Restaurants: Brian Habour
Amazon: Daniel Newman
Trading: Jeff Klingelhofer

Reporting: SilviaAmaro, Silvana Henao, Frances Rivera, Kate Rooney, and Contessa Brewer

See you at 5am ET on CNBC!

Worldwide Exchange William Lee, Milken Institute chief economist explains his expectations for Federal Reserve meeting: (1)there will be no rate cuts until service-sector inflation eases considerably, (2)No rate hikes despite strong payroll employment gains.
youtu.be/INTmX17G80Q?si…

Shorts on the run today Frank Holland 😄
$TSLA + $50 in 6 days

LISTEN NOW: Investors are awaiting the kickoff to this week's Fed decision. The Milken Institute's Bill Lee gives his expectations. Listen and follow the Worldwide Exchange podcast here: link.chtbl.com/worldwide_exch…