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June 24, 2024
Its owned by lucas county, but we supplied work there. And were shutting that down in july. Employees are going to have to move from telegraph. Some will come to hill avenue to work, and others will just focus on habilitation and activities. Sean good morning. Id like to open this meeting at 9 23 am. My Vice President here will help address any issues that come up. Lou as you heard, a short time ago, administration has decided to do a major restructuring of Lott Industries. This entails the clos...
June 24, 2024
To the Economic System and our position in i it than perhaps yu have heard before. And even more important, and what this book is about, an alternative solution for dealing with it different from what you might have heard before. So, first, where are we here in the United States and in the woworld economy . And im not gonna tell you what you already know, which is that this is the worst economic crisis in myy lifetime and therefofore in you, that it began in 2007, which means it is now coming to...
June 23, 2024
Stock exchange. We await for a fed meeting to begin tomorrow. China slips 3. 5 overnight. Japan leaves policy unchanged. Back here, retail sales okay. July revised up. Good auto sales offset by lower spending at the gas stations. Ahead of the rate decision, former central bankers are out today with more pronouncement force the fed. Asia continues to suffer. Shanghai down 3 as the bank of japan holds on a rate move. An upgrade forfe fitbit. More data for the fed to digest ahead of the twoday poli...
June 23, 2024
Industrial production. Michigan sentiments at the top of the hour. Theres a look at crude back about 47. Our roadmap begins with ge beating the street on earnings, but what about nelson peltz . Companies such as yung, wyn. Alibaba making a multibillion dollar play for china. General electric up 29 cents a share in the Third Quarter held by demand for jet engines and power turbines. Ceo jeff emmeltz said ge performed well. Oil and gas revenues down 16. Power and water up 1, aviation up 5. I like ...
June 23, 2024
Worst day since late september. Arkets just off session lows the s p 500 down 1. 6 , the dow down 1. 5 . The nasdaq down 1. 7 . A big factor is the falling price of oil. That is bringing down Energy Stocks. Nine out of every 10 stocks on the s p are down right now. I want to show you the seasonality function. Seag. We are down 3 for the month of december. So much for the socalled santa rally. The biggest monthly decline since august. We were down by as much as 6. 25 . That 8 gain in october righ...
June 23, 2024
For a monday morning. Here at post nine on a day where were going to put the month of november to bed. First up, sue herrera has news at hq. Going to try it again. Will file for an ipo according to sources quoted on dow jones for 2016. That ipo will go off the board apparently. The valuation of the exchange operator, more than 2 billion. You might recall the first attempt by bats to ipo was in 2012 but it was derailed because of a software glitch. Theyre going to try it again some time in 2016. ...
June 23, 2024
[applause] well, i want to welcome you. I want to acknowledge the aweinspiring environment that were sharing this evening. The religious overtones might make you think you were in one of the two Party Conventions [audience laughter] but i hope in a few minutes to make you clearly aware that, other than the environment, not that much that i share with either of them. So let me begin by promising you two things first, to provide to you a different way of understanding whats happening to the Econom...
June 23, 2024
Today is different. I think the number one reason is pretty obvious. We had a big Oil Turnaround in the middle of the morning, and thats primarily what turned things around, if you look at the sector. We have been so deeply over sold. I mean for days. For example, the putcall ratio at one point, thats really elevated. All sorts of sentiment indicators. Retail sentiment way oversold. We just have been waiting for days for many some kind of bounce. Oil was the catalyst there. Look at the s p. It c...
June 23, 2024
To the Economic System and our position in it than perhaps you have heard before. And even more important, and what this book is about, an alternative solution for dealing with it different from what you might have heard before. So, first, where are we here in the United States and in the World Economy . And im not gonna tell you what you already know, which is that this is the worst economic crisis in my lifetime and therefore in yours, that it began in 2007, which means it is now coming to the...
June 21, 2024
Israel and hamas agree to an unconstitutional unconditional 72 hour ceasefire. Welcome to countdown. From frances secondbiggest bank. It looks like secondquarter earnings have beaten estimates. Thanks to a 7. 8 decline in provisions. Net income rising. It is the highest quarterly. Evel since mid2010 stocks return on equity, which is a key measure of infitability, reaching 8. 8 the Second Quarter, up from 8. 8 from 8. 4 a year earlier. A returnis to receive of at least 10 by 2016. This comes a da...