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June 23, 2024
5 . Thats fantastic for the American People but its a mixed blessing for stock portfolio. Dow up 47 points. S p falling. 03 . Nasdaq advancing. 38 . We need to dell sboov the counterintuitive world where the good news is considered bad news for stocks because now the Federal Reserve will feel compelled to raise rates. For the moment, lets be grateful jobs are easier to come by and the American Worker is being compensated bet cher may be regarded short term as a negative for stocks but long term ...
June 23, 2024
Been chipping away at flash flooding jobs. Now automation robots may be coming to the csuite. I thought some of our ceos were robots, i dont know. You better be hoping theyre not watching. Its a tale of two economies right now here in the United States. The Consumer Holding up but not so much on the industrial side. Morgan brennan is taking a closer look at the socalled industrial recession and what that could mean for the overall economy. Morgan . Thats right. So as commodities continue to coll...
June 23, 2024
May be regarded short term as a negative for stocks but long term the economy can get off life support. Who are we to say that life support is better than organic growth for the u. S. Economy . Higher rates are always going to be worse for the economy and the stock market than lower rates. But a country with real job creation is one that can support itself and doesnt need the fed to keep propping things up. That real growth and not a steroidal pumpup is more sustainable, lasting and will be more...
June 23, 2024
Term the economy can get off life support. Who are we to say that life support is better than organic growth for the u. S. Economy . Higher rates are always going to be worse for the economy and the stk market than lower rates. But a country with real job creation is one that can support itself and doesnt need the fed to keep propping things up. That real growth and not a sustainable, lasting and will be more lucrative. Phasis on ultimately, though, than wve had over the last few you have to bel...
June 23, 2024
Moscow held a Fireworks Show to usher in the new year. This what it looks like at the pyramid in egypt. Sydney has an incredible display over the Sydney Harbour bridge. Celebration being held this year with extra precautions. Unprecedented security called for new years eve. Police say they are not aware of a terrorist attack being planned but ask the public to avoid chain stations. 6000 Police Officers deployed to times square, about 800 more than usual. Another Million People will gather there....
June 23, 2024
Percent. Then nasdaq fairing the least worst of the bunch. Almost flat. This is commodities take investors on a wild ride today. Dominik chu has all the details on what has been a volatile ride for crude, copper, and commodities. Its playing out elsewhere in the markets as well. The stock market will focus there to get things going. You can see health care, the only sector thats positive so far. The intraday chart, you can see ups and downs. Were off the lows, the worst levels today. Focus on th...
June 23, 2024
A terrorist attack being planned but ask the public to avoid chain stations. 6000 Police Officers deployed to the areas, about 800 more than usual. Another Million People will gather there. Global news 24 hours a day powered by bloomberg journalist in more than 150 news bureaus around the world. Cory im cory johnson. This is a special new years edition of bloomberg west. Investors calling for apple to diversify its product line, but its mostly white male executives. Microsoft will now notify use...
June 23, 2024
Germany twoyear hits a record low yield. Adp good stateside, Oil Inventories this morning at 10 30. The market coming off a good week of rallies. The latest on yahoo . The board considering a sale of the core business meeting this morning. As for the fate of Marissa Mayer, thats not the core argument going on now. And Mark Zuckerbergs new baby and the pledge to give away 99 of facebook shares. Do want to get to yahoo this morning. Given the wall street journal story last night, above the fold, s...
June 23, 2024
Bunker. Im terry mcsweeney. The home of a man who originally bought the assault rifles used in the hoshooting, the investigation getting deeper in the attack. Nbcs jay gray reports from San Bernardino. Reporter as the memorial grows, so does the terror investigation in San Bernardino. The investigation so far has developed indications of radicalization by the killers and of potential inspiration by foreign terrorist organizations. Reporter today isis called Syed Rizwan Farook and Tashfeen Malik ...
June 23, 2024
Clouds tomorrow and tuesday with slight warming but a big storm system headed this way by wednesday and thursday. Were talking the potential get this upwards of two maybe even three and some computer models are going as high as seven inches in the north bay of rain. Were not going to push that envelope just yet, but we are talking about a nice soaking towards midweek. Today will be a dry day for San Francisco south. If youre headed to the north bay, expect a few showers. A mix of sun and clouds ...