Tech stocks have had a major run this year. But with Loretta Mester echoing James Bullard’s comments in support of more rate hikes, the Nasdaq is underperforming today. So is it time to take profits? We’ll debate. Plus, private payrolls and ISM Services data both came in weaker-than-expected, just ahead of the all-important jobs report.  Is Barry Sternlicht’s “serious recession” prediction close to coming true? We’ll discuss. And, one area of services not seeing prices softening is travel. But one analyst sees signs of slowing demand. He’ll join us to make his case, and provide his key names to watch.

Black Knight’s Andy Walden, VP of enterprise research, and CNBC’s Diana Olick, discuss affordability constraints weighing on market demand for housing, the weakening inventory for available homes, and buyers willing to return to the market as mortgage rates fall. CNBC’s Sharon Epperson discusses companies introducing financial literacy assistance programs for their employees, the power of financial literacy, and making financial education more accessible and available. Steven Wieting, chief investment strategist at Citi Global Wealth Management Investments, and Peter Boockvar, CIO at Bleakley Financial Group, discuss market expectations for Fed policy, gauging recession concerns, and dislocations in the market for banks. Mark Mahaney, head of Internet Research at Evercore ISI, discusses the tech trade winners, the strength of companies with regular product offerings, and cloud computing brands undergoing an optimization period.