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CNBC Squawk On The Street July 13, 2024

Bolton and mike pompeo as folks who were complicit in these arrangements the testimony of Gordon Sondland had been widely anticipated because hes one of the only witnesses being called who has spoken directly with the president. There is uncertainty over how many times he spoke with the president , but hes someone who appears to have the president s thinking and now in his Opening Statement he will say that he believes there was a quid pro quo. Guys, back to you. Really quick, the times this mor...
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CNBC Squawk On The Street July 13, 2024

It always leads us to our road map. It starts not with the stock market but with the big Company Named walmart and its shares, which are set to open at a new all time high. The retailer delivers an earnings beat, also forecast what is quote a good Holiday Season plus, Global Technology spanning slowdown concerns, cisco shares, they are sink ahead of the bell as we told you. Rain or shine, we always like that he will be with us for an interview and Elizabeth Warren on attack. The president ial ho...
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CNBC Squawk On The Street July 13, 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...
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FBC Mornings With Maria Bartiromo July 13, 2024

Maria joining the conversation dierdre bolton, lee carter and chairman of forbes media former republican at candidate steve forbes, great to see you this morning. Good to be with you. Maria thank you so much for being here, a lot of fireworks on capitol hill, thats our top story, House Intelligence Committee Holding First hearings, lawmakers grilling acting ambassador to ukraine William Taylor and george kent, both sides making their case, watch. Because it is discovered before it is fully consu...
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CNBC Squawk On The Street July 13, 2024

Charles schwab is expected to buy ameritrade jim as you noted on twitter, the unprecedented influence of robinhood. Yeah, look, when youre out here, you realize there are players. David talks about them a lot, including softbank, theyre fun organizations with no real growth path for earnings a fabulous growth path for revenues this robinhood has been an incredibly well funded sensation particularly among the younger demographic. Its very hard to fight a company that will you play for free and th...
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CNBC Squawk Box July 13, 2024

Yesterday, a headline said china planning to surprise trump and negotiators with a last minute plan for phase one to remove september tariffs this has never been talked about. Delaying future tariffs was the most we were going to agree on trump was getting traction because of the bite. This has never been on the table. China will get it done then i read it today it said these are now part of the negotiation. The way it was cast is that it was almost like an appeasement or throwing in the hand. I...
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CNBC Squawk Box July 14, 2024

Arrows across the board. Nothing by more than a percentage point the dax is up just over a 10th a percentage point not surprising anyone with any expectations more rate cuts could come if the economy slows. 10year yielding 2. 237 . I saw there were three dissents they failed to point out one of them wanted to go 50 the future Federal Reserve, in raining. Right wanted the cut by 50 basis points a Job Interview right in the general news, they said, the Federal Reserve was doing okay it looks like ...
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CNBC Squawk On The Street July 14, 2024

Overshadowing the iphone 11. Do either move the needle for investors . Plus, quote, bone heads, president taking on the fed, calling the extcentral bank naie and telling them to cut to zero. Is wall street afraid of Elizabeth Warren more from jim on what hes hearing from leaders in the financial industry about the 2020 president ial race start with apple, though, shares rising one day after the big product event, not only did the company unveil a new line of iphones, and other devices, created l...
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CNBC Squawk On The Street July 14, 2024

Is this a turning point for yields around the world. Well get fed minutes later on today. Road map begins with retail earnings, target and lowes soaring in the premarket on their results bucking the downward trend in retail. One week since the dows 800 point drop were close to recovering the losses well take a look at the wild ride over the last week. And what you can expect next. As the september 1st tariffs aapproach, well take a look at the companies that may be in your portfolio with the mos...
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CNBC Squawk Box July 14, 2024

Dropping below the s p 500 dividend yield which is crazy. You can make more money on the yield on the s p 500 than on the 30 year. Unfortunately the algorithms are utilizing global yields as the correlation to equities and that seems to happen from time to time. Remember prior to that it was the chinese currency any time that traded above a 7 Point Equities move lower. So youre looking at global yields and youre basically understanding that protectionism doesnt exist in global asset pricing. Wha...
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