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July 16, 2024
Another chilly start and its clear. Were not seeing the patchy dense fog throughout the week so we are starting out with a clear commute for you but look at these numbers. In the east bay were in the upper 30s in the next hour and then well see our temperatures gradually warming up, a lot of sunshine and it will be a nice day, our highs reaching into the mid to upper 60s this afternoon. There are some things im concerned about in the forecast. Ill talk about that coming up in a few minutes. Vian...
July 16, 2024
Even though the gains have been so big, up until now it doesnt mean you should bail out and not get in on the game. I do wonder, jon, especially if we dont get a fiscal support package, especially if we do get increased deterioration in the economic data, i do wonder if well see a change in sentiment. Jonathan what if we get more restrictions . California, the governor, mr. Newsome had this to say yesterday. If these trends continue well have to take much more dramatic, arguably drastic action. ...
July 16, 2024
Forward to our next adventure. Mr. Prident, i yield the floor. [applaus [applause] thank you, mr. President. Mr. President , i come to the floor today to pay tribute to this great wyoming leader. From nearly a quarter of a century, mike enzi has represented the people of wyoming in washington and hes done it with intelligence, with intensity, and with integrity. The cowboy state and capitol are going to sorely miss mike enzi. Hes truly cemented his legacy of the delegation. Its been a great hono...
July 16, 2024
The last 24 hours. Tom what is interesting is the microanalysis of france or germany. Interesting conclusions. Heres what matters. Hospitalization capacity and the number of deaths is front and center for the pros. Jonathan and for market participants, desensitized by the numbers, conditions by the experience of earlier in spring. Markets that if that markets go up, and if they policymakers step in. Tom it is real simple here. Yes, all of that is true, but. Lso noted, a society adapting stimulus...
July 16, 2024
Banks, airlines all up while faangs are taking a bit of a break. If you ask me whats the best Case Scenario for the market to the end of the year, i would say this whole narrative about how its like the top five stocks driving the market, i would like to see that come to an end and Everything Else play catch up and start to participate and that is literally what weve seen take place. We had a breadth thrust a week and a half ago where almost every stock broke back above its 200 day. We now have ...
July 16, 2024
Weve had confirmation of a monster deal. Ryanair, europes largest carrier, committing to the 737. Maxs. Oing to buy 75 737 this comes on the heels of that grounded,being un after the huge grounding following those two crashes. We will be talking to the two ceos of these companies at the top of the next hour. Alix this is your super bowl. I just want to point that out. Some data dropping right now as well. Ism men effect ring data for november ism manufacturing data for november. Mike mckee has t...
July 16, 2024
Higher. Eurodollar up by 0. 4 . Is the ecb getting worried at this point . 1. 2163. The dollar is broadly lower. The pound just taking out 1. 35. We havent been at these levels since this time last year. What is fascinating here is what is happening with bond markets as well. Weve basically got yields and stocks moving in the same direction. That is something that is pretty interesting now. It certainly points to this reflation trade at the moment, with the catalyst still having legs. Alix the q...
July 16, 2024
Decision to extend federal funding past the december 11 deadline to avoid a Government Shutdown. Your watching live Senate Coverage here on cspan2. The president pro tempore the senate will come to order. The chaplain, dr. Bay black, will open the senate with prayer. The chaplain let us pray. Almighty god, who in your wisdom has so ordered our earthly lives that we must walk by faith and not by sight, increase our trust in your sovereign care. Remind our lawmakers that no problem is too difficul...
July 16, 2024
It will have to wait. The word from u. S. Congress as the next tranche of stimulus may not come until august. President trump holds his first briefing and says wearing a mask is patriotic. And mixed picture for stocks but the euro holds onto gains after hitting an 18 month high as european earnings continue. Beatics company abb estimates and we will speak to the ceo shortly. And elon musks next payout. The tesla ceo qualifies for 2. 1 billion more as the market value reaches another new mileston...
July 16, 2024
Countries, targeting the development of treatments and vaccines. You heard it here first, back in april, when senator tom cotton joined me on sunday morning futures. You believe that they are stealing intellectual property right now as we speak. I have little doubt that the Chinese Intelligence Services are actively trying to steal americas intellectual property as it relates to the virus that they unleashed on the world. Maria and now we have the of usual word. Breaking the official word. The u...