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July 16, 2024
S p is down 76. We are watching all of these markets. A few things are going on right now. Investors werent impressed by the feds vow to buy an unlimited amount of Government Debt and give loans to businesses, big and small. Theres one industry that Coronavirus Crisis is impacting directly, restaurants. They are closing their doors to patrons, trying to shift to takeout only. We s ghave got the owner of a gp of restaurants who will tell us, he will say this, the restaurant recession has already ...
July 16, 2024
Water is the foundation the source and the mechanisms of the government wife but also govern the whole bio system and the climate of the blue planet. Around want to raise their trash share. Its a miracle. Somehow its a miracle. I spend more than a 1000000. 00 every year on electricity to pump water. For back up we have a larger impact on the planet than ever before the climate the water the land biodiversity the ocean city hall. And the cycle of water and being able to understand that this one o...
July 16, 2024
There has this advice for the rest of the world. Prepared. Once you heard the predators they need to change their behavior their needs to reduce their social life. And a hollywood giant behind bars former movie producer Harvey Weinstein is sentenced to 23 years in prison this is what justice looks like 20 plus 3 years sentenced weinstein had been convicted of rape and Sexual Assault in a case that gave momentum to the nature of the internet. Im sumi so much going to its good to have you with us ...
July 16, 2024
Senate. Were monitoring a anomaly happened in the markets here. You heard about negative Interest Rates abroad. That is almost Standard Operating Procedure particularly if europe. We have them here, yield on one month bill, three month bill, below zero percent. You effectively paying the bank for the honor of holding your dough. It is an anomaly. It worry as lot of folks who seem to think if this become as more established trend it could be a real problem. This, sort of statistical quirk is some...
July 16, 2024
New york City Real Estate will join us to tell us how he sees landlords managing renters who have shut down their businesses. The chairman and ceo is scott recker, he will be joining us. And judge will be here as well taken us through unique coronavirus cases going through courts. In the meantime breaking news, Drugmaker Mylan is voluntarily waving the u. S. Distribution rights for a generic version of an hiv antiviral drug so its available to patients with coronavirus. The stock is down, it all...
July 16, 2024
After 10 00 this morning. The p has been calling for rate cuts and more of them, the reaction was essentially they didnt do enough. This is the president s tweet, the Federal Reserve shut asking, further ease and come into other countrys competitors. Were not on level playing field. Not fair to the u. S. Finally time for the Federal Reserve to lead, more easing and cutting. After that, jay powell gave his press conference, 11 00 here on the east coast and the chair of the Federal Reserve was ask...
July 16, 2024
For only 15 minutes. Since then stocks have moved sharply lower. The g7 proposed policies, but the tenyear breaking below 1 for the first time ever. Darius adamczyk will join us in a bit. We have Rick Santelli here, Steve Liesman is covering the emergency fed cut. And meg tirrell has the latest on the coronavirus outbreak. Ill be watching the fallout for the banks. Pete is joining us yesterday, today two very different days have you chanced what youve been doing have not. This is a classic buy t...
July 16, 2024
Trading here. What is really interesting is the sentiment on the floor, right . Ive been coming down here for the last three weeks. Weve seen very, very extreme swings daily and traders right now are basically desensitized to what theyre hearing and what theyre seeing and these big movements in the market. It is not to say theyre not worried about it, and theyre not worried what will come out of wall street. The question, and the point they make to me, this virus needs to get to the point where ...
July 16, 2024
State of austria it is thursday, march 5, 2020. Worldwide exchange begins right now. Welcome to the show,we are kicking off this thursday morning with wall street waiting for another wild day on track since 2011 there have been four swings in the dow you can see those two splochs represent the single point gain adding some 190 points alone futures are telling a different story this morning. The s p down by 65 the nasdaq down by almost 100 at this stage in the bond market, the 10year is back abov...
July 16, 2024
Indicated up about 40 points yesterday, we did see compressed yields higher prices for treasuries 10year at 1. 36 the twoyear at 1. 7 in japan, the nikkei falling over 300 points. The bond market won, so we are going to have our friend on today. He always says it is going to be because of slowing growth. He seems to get a little bit serandipitus about it. Ill give him credit. The slowing growth caused whatever caused the slowing growth gold is up. Stock market ignores things until it doesnt hope...