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June 28, 2024
From jackson hole. At 8 30, we get u. S. Weekly initial jobless claims. Then july existing home sales. Attention is raised join us to set the stage is matthew boesler. Janet yellen says it she is going to talk about Financial Stability. What does that mean . Matt im looking forward to what she has to say on this topic. We got a wide range of views on Financial Stability in the latest minutes of the july fomc meeting. The Financial System is so much stronger now than it was in previous expansions...
June 28, 2024
Tight range for the moment. I would note that volume is down over the last average of the 20 days. Not a lot going on. Snp down. Nasdaq is down the most, 1 10 of 1 . It look at the nasdaq performance relative to the snp and dow. 17. Tv 82 massive runup here into the early months of june. A little bit of a drop off. Little gains here. Look at august. A lot of clustering. Not a whole lot going on. Put some could put some of his money back to work. Some of the drivers being mastec lower today. I wi...
June 28, 2024
Conflict. The new u. S. Strategy for puts emphasis on force. Trump is announcing he is sending Additional Forces to join the troops in the country. A 53yearold massachusetts hospital worker claims last nights Powerball Jackpot prize. She says she was leaving work at night with a firefighter and they were discussing powerball. That is when she realized she one. She says he followed her home to make sure she got there safely. She says she called work to let them know she wont be back. It is the la...
June 28, 2024
Corruption verdict. That verdict is going to be closely watched in south korea. Markets are waiting with bated breath, on the fed speakers at jackson hole. Be payingen will attention to tomorrow here in the u. S. There were some jitters in the markets. Ceilingk about the debt rattling investors. The dow off 30 points. Off 1 . Aq also s p down 2 10 of 1 . The declines are there but not as much as you might expect. Most investors are on the sidelines awaiting janet yellen and her comment. Yes. We ...
June 28, 2024
Samsung. The share price doing well. 9432,s chart number judges delivering of verdict in this graph to trial of jay y. Lee. Prosecutors requesting a 12 year sentence. They say they paid bribes to the confidant of the then the south korean president to secure governor support for the merger of affiliates. This has largely been ignored by investors. The kospi up 16 from august. It is an important stock. ,he percentage of total kospi the market cap, 18 s or thereabouts, so does dictate in some sens...
June 28, 2024
To know a little about your life is to see a remarkable series of progressions. What is the key to that success . I think the single biggest thing is saying yes to opportunities when they come along. I always thought i would head back home to minnesota and build a career in law and politics. When i finished with Jessica Fryer in 2005, i moved home thinking that is where i would be. I joined a law firm and got engaged in the community. Amy close our enclosure asked if i would come out and get her...
June 28, 2024
Emily i am emily chang and this is bloomberg technology. Apparent goes from crown prince to cautionary tale after a judge hands down one of the harshest sentences for a Top Executive in south korea. What is next for samsung and who succeeds jay y. Lee . Our roundtable discusses. It is going down to the wire with alibaba a few billion dollars away from snatching the crown from amazon. We will break down the Second Quarter rally that closed the gap. They are not the only billionaires betting on ou...
June 28, 2024
For wyoming, yellen and groggy take the podium. Kaplanson hole, robert defense inflation target saying it will be met. President trump will kick off the texaso overhaul next week. But how much can be achieved between a white house and congress . Hurricane harvey since gasoline surging as it heads to texas. Said to be the worst storm in more than a decade. We are less than half an hour away from the open of cash trading. I wonder how much it will move today at the open. Futures show almost no dir...
June 28, 2024
Ftse up over 1 . Finally quick look at the dollar maybe thats moving some of this euro dollar, 1. 18. 1. 18. Remember earlier this year, it will be below parody, 94 cents it shot completely the other direction. Yes amazing frt dont belie dont believe what you read what youre seeing here is true. These newspapers so problematic. Speaking of stories, the big ones today, a major storm gath eari gatherring strength in the gulf of mexico. Harvey was upgraded to a Tropical Storm overnight crude oil pr...
June 28, 2024
France and germany higher across the board. Next action there with james bond reopening after the typhoon hit the region and also the cost in south korea. A terror attack in amsterdam thwarted. Police arrested two people at a rock concert was evacuated. The latest development. And extreme weather alert. Text is preparing for a possible hurricane. Store shelves already cleared. People stocking up on gasoline as well. In asia on a massive typhoon slamming china, death toll rising as high winds and...