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July 16, 2024
Unprecedented answers by a president of the United States, ambassador Marie Yovanovitch was recalled from her post to the ukraine without explanation in may when she read that President Trump had referred to her as bad news and said she was going to go through some things in his july phone call summary with the ukrainian president. I was shocked, absolutely shocked and devastated frankly, it sounded like a threat. Do you feel threatened . I do. Then as the ambassador testified the president atta...
July 16, 2024
State no cut was coming afterwards a couple called the rate cut a close call and two, who we know, they didnt want to cut at all. The fed said the cut was due to trade war and to take out insurance against potential Downside Risks there were concerns. There was concern with brexit and trade at the time. There was concern that exports would spill into the labor markets and consumer spending. Theyre okay with it not okay with it, but theyre not all that concerned with weakness and manufacturing. T...
July 16, 2024
With congressman Steve Scalise, the number two republican in the house, was calling for the whistleblower who set off the inquiry to testify. And jim himes, a top democrat on the intelligence committee. Then, President Trump overrules military leaders, clearing three soldiers accused or convicted of war crimes. I think it sends a clear signal that the president of the United States is paying attention. Chris we will ask our sunday panel what it means for the military justice system. And our powe...
July 16, 2024
Day of november on the backs of home depot and kohls, both tumbling after cutting outlooks and comps forecast. The record rally for stocks, it rolls on. Futures as you saw pointing to renewed all time highs at the open and vaping crackdown. California suing juul for marketing to teens new york set to make a socalled major announcement of their own later today. Well start with retail, though, home depot shares down on the premarket, earnings did beat but sales missed and company cuts the full yea...
July 16, 2024
He wants to work out a trade pact with the United States and has been trying to avoid a trade war but he also warned china is not afraid to retaliate when necessary. Eunice yoon joins us putting in his comments du jour. There is always something for those who think it is going to happen and then a qualifier. What do you think . That is right it is interesting that president xi jinping weighed in. This is the first time weve heard those remarks. Unfortunately, the content were not anything differ...
July 16, 2024
Of china and Germany Europe is in the red tenyear yield near 1. 95 that moved 30 basis points since last weeks fed meeting. Our road map begins with disney and the streaming wars deals with amazon and apple and 52 surge in studio, shares up 5 ahead of the bell. Plus, billionaire battles Elizabeth Warren staying on the attack, saying theyre crying about her wealth tax this as billionaire Mike Bloomberg considers a run for president. As we said, closing out a big week for stocks, new records and r...
July 16, 2024
Component earnings joining us for the hour is stephanie link great to have you here i think thats exactly where we should start we had earnings from walmart and cisco. Cisco is the drag on the dow how would you characterize how it reflects back to the Broader Market last quarter the same thing happened where cisco disappointed and walmart posted a better than expected number. This is what this economy swhat this market is enterprise spend is weak on trade concerns and uncertainty and thats not G...
July 16, 2024
Its veterans day but 11 11. The number one its 11 11 i know that it was 11 11. They celebrate their cingsi g singularity and everyone gets married. Putting an end to the singles day they have taylor swift kicking it all off for them. You are not single. No. Disappointing so many of our viewers out there. Stop it what time is it 6 01 didnt take me long. If you have it, lets flaunt it. Lets get on to the news. The elephant in the room. Okay im usually looking at andrew, so, this is very difficult ...
July 16, 2024
Right now the green is the controlling color. The dow approaching 2,000. The s p and nasdaq on track for record closes to end out what has been a very eventful week. Lets get to eamon now for more on what we expect as we await President Trump. Its been to put it mildly a busy day in washington the drama is swirling here in washington today the president will be talking in the roosevelt room in a couple of minutes about this initiative that you just mentioned which is keeping Held Health Care cos...
July 16, 2024
With more. Thank you, andrew the Commerce Ministry said negotiators agreed to canceling tariffs in stretches the additional tariffs or some of them had to go. Also the Ministry Said from beijings perspective, the tariffs needed to be lifted at the same time by the same amount, how much could be negotiated the time and place of the deal signing has yet to be decided. Since then, the state media has been really focused on the point that if the u. S. Wants to have a trade deal, there has to be a re...