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June 24, 2024
To raise rates it could increase in inflation. He doesnt conclude that would happen but we need to think about that. He repeats kind of the normal argue amount for raising rates and says f1 policy remains extreme and inflation is close to target. Not strictly endorsing but saying thats the normal argument for why rates should be normalized. Former Federal Reserve chairman ben bernanke out with a blog about negative Interest Rates and says the fed is not out of ammunition but there are signs Mone...
June 24, 2024
One full percentage point. Ugly for apple, not great for twitter. Come outperformance on the dax. Switch up the board just very quickly and get the other asset classes. The bti at 45 a barrel for the First Time Since november. Wti at 45 a barrel. The aussie dollar down by 1. 83 . Rba might cut rates again. There are the big moves in the wider market. Julie ton of earnings out today ton of earnings out today. Adjusted eps at . 45. Weve been talking about this story that comcast is in talks to buy...
June 24, 2024
That is probably a sideshow to what were really looking at, yields on fixed income. Tom jim polson will join us. O one ever says melt up it is always melt down. What a melt up we are seeing across asset classes. Francine or a belt sideways a melt sideways. Before we go to the u. K. , president obama wraps up his visit to saudi arabia. He is meeting with leaders from arab countries on the persian gulf. He reassured the saudi king that the u. S. Is his countries allied. A u. S. Official said that ...
June 23, 2024
Here at the New York Stock Exchange. We will discuss whether the oip ipo market has gone flat. Netflix getting crushed after disappointing earnings last night. The shares are down nearly 8 on the session today. Someone who says the valuation still ridiculously high and he will tell us why coming snup lots of volatility on that one lately. A Sports Equipment Company Investing in new technology that it says could change the landscape for concussion injuries that we have all been focusing on so muc...
June 23, 2024
Performance in five weeks. Shanghai composite was down. It was driven by an afternoon sell off in small caps. Weaker than expected trade data added to speculation about more boj stimulus so its not just here where theyre addicted to what the Central Banks were doing. You can see it taking place. Earnings are the name of the game. Well be hearing from boeing, cocacola, kimberlyclark and many others. Stay tuned, buckle your seat belts. Here we go guys. Lam research buying klatencor for 67. 02 in s...
June 21, 2024
The issue of Human Trafficking. Lets get headlines from carol massar. Were fresh off that news about time warner. Reported thirdquarter profits that beat analyst estimates. Anticipating . 39 a share. Prudential financial posted net inome of 1. 1 billion dollars the first quarter. Results were driven by its u. S. Unit. Of Green Mountain are falling in the afterhours trade after the Company Reported revenue that missed estimates. The company forecasted fourthquarter earnings that are lower than pr...
June 21, 2024
Hit 52. 70 on wti. The ten year continues to slide below 2. 18 this morning. Our road map begins with oil. 5 1 2 year lows. More details from the planned shake shack ipo. Why the strongest growth may not be where you think. The latest caseshiller report. Youll see it flashing at the bottom of the screen. Well speak with Robert Shiller about what he thinks 2015 will bring to housing. You can see futures are off premarket. Crude continuing to fall. It all began with that selloff midday yesterday. ...
June 21, 2024
All of this remember 32 Million People are in the path of a late season snowstorm today. The line of heaviest snow stretches from West Virginia up through new york. Some areas are looking for as much as a half a foot of snow. Oh good. We keep thinking were done with it but one more time. Hopefully this will actually be the last snowstorm. Spring is here eventually. It will be snowing at 6 45. Some of the heavier snow is coming. Oh, good. One more thing to look forward to. We have schools here di...
June 21, 2024
Still get in and make money on the trend. More questions today about how that florida mailman who was ang gr i withry with d. C. Lawmakers flew a aircraft into some of the most protected airspace in the world . Just how safe is the heart of our federal government . This has opened up a can worms. Well try and get you some answers on those key questions. All of that coming up. Heres where we stand in the markets right now. The final hour of trade on this purse. The dow is up 28 points. Gains of. ...
June 20, 2024
Fronts of the Economic Data coming. Then we have a lot of earnings. The fed will begin a twoday policy meeting tomorrow with an announcement set for wednesday afternoon. If all goes expected, the fomc will turn off its massive bondbuying program and will also assure investors it plans to stand ready to act should the economy be threatened. Also on the economic calendar, pending home sales today. Tomorrow, durable goods. Then thursday jobless claims and the first read on Third Quarter gdp. Finall...