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June 21, 2024
Starting with the Swiss National bank. Not just the Swiss National bank well get to it with the huge shocking moves, in currencies, also the fact that india cut Interest Rates, even the bank of korea. What were seeing now is going to continue as europe then has to decide just what moves it will take next week folks. We are living in crazy times. A race to the bottom. Or as our friend in currency terms. The bond fire of the currencies. Exactly. Now people are starting to look at gold again. You h...
June 21, 2024
Plummet. We talk about the impact of the stronger swiss franc and slow down in china. The price of oil is volatile but in an exclusive interview saudi arabias finance minister tells cnbc the government wont change course on spending despite the huge drop in prices. Help us sustain our policies policies. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Welcome to the show everyone. The focus today here in the stock market and bond market is greece. Ecb will no ...
June 21, 2024
Is expected to touch on this evening in the state of the union. Lets check on u. S. Equity futures at this hour. Youre seeing implied open for all major averages here. S p 500 would open up by 8 points. Dow up by 50 points. The nasdaq up by 21 points and a lot of that is based on firming in the markets over in europe. Better than expected gdp numbers out of china and of course thats helping move Global Markets in a vastly different direction than we have seen for much of the month. Breaking news...
June 21, 2024
For those in need. We will tell you where these meals are going coming up. Scrapping on the running strapping on the running choose. Thousands of runners flooding downtown san jose this morning. We are live at the port of oakland where authorities make dozens of arrests after a side show. Why police didnt handle this situation, but, rather, the chp. And standing up to the vandals. How some oakland Business Owners are defending their property. Mornings on 2 starts now. No good morning. Welcome to...
June 21, 2024
50s, 60s, 70s first, the positive spin is that it is out of recession. We did see some signs of life. It wasnt what economists were expecting. I think a big part of it was the big revision down, the thirdquarter gdp number. It was worse. Deeper than first thought. The initial read was negative one point nine. That brought they brought that down to 2. 3. We are looking at growth. The annualized figure is 2. 2 . The estimate was for 3. 7 . The Third Quarter revise number was down to 2. 3 . The rec...
June 21, 2024
National guardsmen patrolled the streets overnight. 200 best 45 arrests were made during the rioting. President obama criticized the rioters. There is no excuse for the kind of violence we saw yesterday. It is counterproductive. When individuals get crowbars and start prying open doors to loot they are not protesters. Betty in some neighborhoods, people turned out to start cleaning up broken glass and debris. The orioles game this afternoon at camden yards will go on as scheduled. No fans will b...
June 21, 2024
The export and import numbers were toward you this morning. The euro steps bacsk from its alltime high. Denmark, portugal all off in excess of 25 . The pound is at a fiveyear low. We are waiting for u. S. Retail sales to come through. Iron ore down at 30 45 this year, 30 in the making. You are seeing the miners come under pressure. As we go to the imf, stopstart scenario. A lot of criticism of the miners. Just keep digging that stuff out of Western Australia and exporting it. Paris, lets have a ...
June 21, 2024
Happening in ferguson was oppressive and objectionable but worthy of protest. But there was no excuse for violence. Whoever fired those shots should not to tract from the issue they are criminals and they need to be arrested. Olivia last week, a Justice Department report says ferguson had racism and the courts. According to a person familiar with the matter, the fbi is now investigating whether billionaire investor bill ackman and people working for him try to manipulate herbalifes stock. The st...
June 21, 2024
279,701 customer accounts were affected in the thefts. Lets say these were largely american customers who were calling spanish or Foreign Language call centers overseas. They say that at t will be required to notify all customers who have been affected in this scam. Guys were so used to seeing Cyber Threats and cyber data braechz now, heres an example of just good oldfashioned insider employees allegedly frc. It doesnt seem too worrisome for the stock. Barely moving on the news. Eamon, well cont...
June 21, 2024
Now well get to business at hand this morning. If youre just waking up lets get you up to speed on the markets and whats going on in the futures. Looks like a little bit of a mixed morning. The dow might open slightly higher. Nasdaq would open marginally off and the s p well call it across the board. Well see how things play out this morning. Joe. It used to be mostly new york social sociallights wasnt it . Five years ago it became very strange that it became sort of a moment. Its almost like th...