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July 3, 2024
Iaii will decline next year. We anticipate the same rates next year as last year. European equity markets pull back and yields fall as german Business Activity contracts for the fourth month in a row suggesting the largest economy is well into the midst of recession. Bond bears retreat. Bill ackman pulled the position on the short position and bill gross is calling concern over the health of the u. S. Economy. And ha anmas releases two m hostages as Emmanuel Macron arrives in tel aviv as diploma...
June 30, 2024
As nbc confirms a report that the president ordered Robert Mueller fired, but backed away when the white House Counsel threatened to quit. Im willem marx in london. Lvh shares beat expectations for the Fourth Quarter as Chinese Shoppers buy more handbags and champagne. And shares in swiss fragrance and fragrance manufacturer rise in net profit and a planned hike for its dividend welcome to street signs. We are awaiting President Trumps speech later today, but the president ahead of that speech t...
June 29, 2024
Graduate of the cobart school of business there and subsequently went to work briefly at u. S. Steel and then the u. S. America mercantile exchange. He joined Goldman Sachs in 1990, became a partner in 1994 and rose up to be the head of the Commodities Division and then ultimately the currency commodities fixed income division. And cohead of the Global Securities division. And then ultimately in 2006 became the president and chief operating officer and director. And he is on a tight schedule, so...
June 29, 2024
The Economic Club of washington about the republican tax plan earlier today. Can i have your attention, please . Okay. So everybody please sit down. Thank you. Can everybody please sit down . Thank you. As you know, i normally open with some announcements and all those who came to hear those announcements, youll have to wait a little bit. Because gary is on a tight schedule, so were going to start the interview right now and go for about 50 minutes and then gary will have to leave, go back for a...
June 29, 2024
Down, yes. Could everybody please sit down . Thank you. So as you know, i normally open with some scintillating announcements and all those who came to hear those scintillating announcements, youll have to wait a little bit. Because gary is on a tight schedule. So were going to start the interview right now and go for about 50 minutes, and gary will have to leave, go back for an announcement at the white house, and then i will make my scintillating announcements about everything and the main cou...
June 29, 2024
Schedule so were going to start the interview right now and go for about 50 minutes and then gary will have to leave, go for an announcement at the white house and i will then make my scintillating announcements about everything and then the main course will be served then. Okay . So, gary, let me first introduce you. Gary is the assistant to the president for Economic Policy and head of the National Economic council. Had that position from the beginning of this administration. He is by backgrou...
June 28, 2024
We will have a look at where european equities are trading, right now. Gmm is your function. Equities are rising and the stoxx 600 gaining for a third day. All these currencies are falling against the dollar. The euro continuing its slide after mccrone macron won the election. Eon droppingility 20 on rebounding power and gas costs in germany. A Nuclear Reactor that is offline after halting in early february. Shares are up 4 and you might ask why. Underlying fullyear earnings target. It has adjus...
June 28, 2024
London. We have a little bit of data out of london. We understand by speaking to people familiar with the situation that goldman will review its commodities after the worst start in a decade. They are looking into why they were on the wrong side of a trade when it comes to oil and some of the other commodities. One of the commodities had to make a huge correction and lost three to four months. We will update you as soon as we have any more news. In the meantime, lets go straight to the data. I w...
June 24, 2024
State. He was at united arab emirates, where he spoke to troops. He says the u. S. Has carried out 1800 airstrikes against Islamic State since october. Angela merkel says she hoping for talks to be cut,. Angela merkel and other european leaders are holding an emergency summit in brussels today. They want turkey to do more to stop migrants. Nancy reagan is being remembered as the first lady who nurtured the political career of her husband, Ronald Reagan. She died yesterday. The couple met when th...
June 21, 2024
The indices ahead of the feds. Dia is down. You have the qqq, the qs down. 5 . The spy that tracks the s p 500 and that is lower. The iwm that tracks the russell 2,000 and that is down. There is the tenyear note, the yield at 2. 02. Gold up at 11. 53 an ounce. The euro is down i guess the euro is up against the dollar at 1. 06 and west texas crude is down another 2 . Look at that 42 quote on west texas crude. Lets get right to our senior economics reporter Steve Liesman on a roof somewhere in wa...