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June 21, 2024
For more, i want to bring in Stephanie Ruhle. Tell me what is out for you . I am broking hearted. Im standing youre thinking youre talking about me. Clearly, Morgan Stanley is having a big morning. Trading revenues and fixed. Ncome are less than expected big drop. Not as well as they did last year were last quarter. It is better than we thought from citibank, 12 down. It was only eight percent. He is optimizing his trading assets. In this environment, they are chugging on. James forman has a con...
June 21, 2024
Because of earnings which for the most part have been trick. They arent getting weaker because of the fed or Interest Rates. They should be going up instead of going down. No, stocks are being clobbered because russia might be ready to invade the ukraine and the west doesnt have a clue about what to do about it. Thats why the dow tumbled 140 points. Plunged. 97 . I kept telling you that people are getting everything wrong ever since ukraines government changed hands and russia decided to stake i...
June 21, 2024
Tumbling 5. 6 and the nasdaq 4. 6 and underneath the averages, though are pockets of real ugliness that as a matter of fact genuine bear market action. We have sectors groaning in agony now and its worth wondering if you can even buy their dips the way successful Money Managers have operated for years now without taking on a the house of pain a gigantic amount of pain. Lets take the industrials. They got a nice pop this morning. Theyre a part of why the market opened up so well because a wellkno...
June 21, 2024
Have big success and watches, and why are they building a mysterious White Building at the site of the event . We will look into all these key questions. How much do other banks and other corporations spend on Cyber Security . That is the question in the forefront after j. P. Morgan chase and at least four other banks were hit by Russian Hackers. Jpmorgan got attacked despite boosting Cyber Security spending to nearly 250 million this year. Man will catch fire for another three days as the sets ...
June 21, 2024
Hortons. Well speak with two freshmen congressm congressmen, one democratic, one republican, about what washington is prepared to do about it, or if all this rhetoric is now just electionyear politics. Is bigger better . Apple seems to think so. A bigger iphone coming and maybe a bigger ipad as well. Could this be the tablet that finally allows you to throw out your laptop . I hope not, mines kind of new. As apple stock climbs above 100 bucks, well investigate what apple might have up its sleeve...
June 21, 2024
Their annual retreat, hershey pennsylvania. They will talk about priorities for the upcoming year. The north dakota senator john hoeven talked about some areas of possible compromise. We need to pass a sixyear highway bill. I think we will get that done. That is huge for america. Tax reform, absolute priority. Everyone wants to do it. I think it is doable. Good for jobs and the middle class. House and Senate Republicans have frequently found themselves at odds in various issues. The chinese uber...
June 21, 2024
Were presuming that everything is too high until proven innocent. At one point today precisely at 11 43 a. M. We saw sheer, raw, panic. The kind you get when investors just capitulate because they cant take the pain. The the house of pain any longer. It seemed like a crescendo selloff, thats what i like to call them as the averages rebounded in the afternoon and the dow slipping four points and the s p advancing. 1 and if we get the wrong employment number tomorrow, too strong or too weak, i thi...
June 21, 2024
Started a Political Action committee to help republicans woo women in 2014. 4. The goal is to challenge dedemocratic claims that the gop is on the wrong side of womens sues. She is a strong example of how far women can go in the Business World. She is proving tt she has what it takes to succeed. I sat down with her at an alexania business s philanthropy summit. We talked about tackling the biggest hurdles in business and life. Welcome to washington buness report. Thank you for having me. You con...
June 21, 2024
Sessions where we rest and recharge. For what . For the next assault higher. The move im watching for like a hawk is the takeout of the nasdaqs old highs. You know i feel that its long overdue. Im not afraid of it. Were on much firmer footing these days versus 15 years ago. The Companies Leading the charge now for the most part arent that expensive, with the exception of amazon and netflix. And im hoping we wont hear tales of irrational exuberance. If we breach that i go know mainous wall even i...
June 21, 2024
Its been the worst performing stock in the dow for the last two years and its underperforming the index so far in 2015. Well talk to an ibm analyst later this hour and dont miss the ceo on cnbc talking about everything that had gone on during the presentation. The senate is set to vote today on a 40 billion spending bill aimed at preventing a partial shutdown of the department of homeland securitys funding because it will expire at midnight on friday if congress doesnt take action. Take a look a...