Page 9 - Cornerstone Macro News Today

In fact it closed down 30 bips. Big deal. And in fact, to try to preach a lot of fear mongering right now is a dangerous thing to do. Having said that, theres a lot of damage underneath the surface. Theres a lot of stocks today. We talked about how weve been printing many new 52week lows across the board. And Commodity Prices are telling you something. And clearly is this deflationary . Absolutely. Is this good for the consumer . I think absolutely. Does this mean that Global Growth is plummetin...

Adjustment taxes. Really tricky. The im sure all intricacies will be up for debate today. Who are you going to be speaking to . David the ceo of General Motors. I will get a chance to sit down with her oneonone right after she meets with President Trump later today. Alix i will be speaking with Richard Lefrak. He is cochair of President Trumps Infrastructure Council. t miss the in review interview coming up later. Utures up modestly 105 days without a 1 down move on the s p. The longest streak s...

Declines. The minutes show to split among officials. Earlier,ere down treasuries and stocks, then both snapped back after the minutes indicated a perceived dovishness. The dollars and represented by the bloomberg dollar index on your terminal. The s p and white was down before the minutes, and the dollar out. After the minutes, the dollar fell and the s p rose, which would signify that investors considered a rate rise not as imminent as bill dudley made it sound. Financials continue to rally. Yo...

Leadership. And matt miller looks at challenges for the auto industry. But to our top story we are following at this Hour Crude Oil fell below 50 a barrel for the First Time Since april 2000 nine. Surging supply signaling the global fall into a bear market will continue. Lets show you how the equity markets are responding. The Dow Jones Industrial average down 308 points. The s p 500, falling as well. It is down one and three quarters percent to read and the nasdaq down as well, dropping nearly ...

Sandra that disturbing scene played out just blocks away from the federal courthouse. The d. A. Condemned the attack saying assaults will not be tolerated in our community. More on this Ongoing Investigation in just a moment. But we begin with the Democratic National convention. Weeklong Virtual Event kicking off with democrats calling for unity while slamming President Trump. Im sandra smith. Trace good morning to you, im trace gallagher. Tonights speakers are the rising stars like alexandria o...

Go until election day heading to florida and North Carolina. The two battlegrounds showing a tight race between him and joe biden. Good morning, everyone, im trace gallagher. Julie, good morning. Julie im julie banderas. Sandra smith is off. The polling average has joe biden leading the president by less than 2 points in florida and less than 1 point in North Carolina. Florida meantime is worth 29 electoral votes, North Carolina has 15. President trump talking up the economy at a labor day News ...

On markets now. Dagen do you have to be surfing the internet to get on twitter . Connell off tv and what is going on he does. When it friday night announcement, try to sneak by s and you cant do that in this day and age. Always watching. They accused the nobody read this saturday piper. Connell dont read any day, always on line. Dagen Nicole Petallides is at the stock exchange. Nicole i still like a good piper. Lets talk about what we are seeing for the Dow Jones Industrials, great week for the ...

To banks, there is a lot going on on wall street and leading the Dow Jones Industrials, intel got some great comments, a 30 price target, you certainly think there is a price target at 3027 of about microprocessors and they think that will do well for the Company Going forward. This is why they have raised it. Lower prices for the chips means good news for intel. Lori twitter files for an ipo telling the world how twitter knows best with a tweet, staying close, confidentially to the sec for a pl...

We would much rather be ahead of the curve than behind it, and thats what we are. Therefore my administration is recommending that all americans, including the young and healthy work to engage in schooling from home when possible, avoid gathering in groups of more than ten people, avoid discretionary travel. And avoid eating and drinking in bars, restaurants, and public food courts. I have spoken actually with my son. He says how bad is this . Its bad. Its bad. But we are going to be hopefully b...

When unemployment jumps in nearly half of US states, a recession almost always follows, Piper Sandler's Nancy Lazar told Business Insider.