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June 28, 2024
Since may. Nasdaq is down for six out of the last eight sessions. Youre talking about elevated levels for all of these indices. The nasdaq is still above 6,000. Dow is at 21,320 again, you can see things actually picking up as we sit here talking about it. Dow futures indicated up by 8 points keep talking. Here are the big stories were watching the manager of the worlds Biggest Hedge Fund sounding off on Monetary Policy ray dalio says the actions of Global Central Bankers suggests the low rate c...
June 28, 2024
Good friday morning. Welcome to squawk alley. Here with me at post nine none eisen and jon fortt is at one market in san francisco. Busy, busy news day. Got some breaking news actually out of the Federal Reserve. Lets get to the elon moy. They expect to reduce its Balance Sheet sometime this year, and it said Monetary Policy remains accommodative no new hints on its plans for Interest Rates Going Forward however, this report does point out that inflation has softened some in recent months, and t...
June 28, 2024
The economy are most at risk if there is a trade war. And companies warning last months global cyber attack is actually having an impact on their financials weve got the details on which companies are being hit. Meanwhile, can a superhero save the Summer Box Office season in the new superman movie is out today well tell you whats riding on that film and an analyst who says exposure to movies is a risk for some media companies. Well tell you which ones. Spiderman versus wonder woman and the fight...
June 28, 2024
At the outset i want to thank senator ron johnson and his staff for sponsoring the room for todays event. As you have may have noticed from your program and our panel up here were playing shorthanded this afternoon. Professor coup from Hofstra School of law [laughter] not sure what that was. Professor koo had a last minute conflict which precluded him from flying down this morning. Even without his valuable presence i think you will agree we have a great panel. And the topic of executive and leg...
June 28, 2024
Can strengthen intelligence sharing tips. We have mr. Fallon here to csis, and i was explaining, the new cycle has been quiet and slow the last few days, and we were so glad he could come here and help elevate our discussion, but he comes as an incredibly important time, certainly on the heels of several days of incredible news, not only security related issues, whether that was the north korean launch of a intercontinental ballistic missile, but also as we see the meeting unfolding between Pres...
June 28, 2024
Testimony on the department of defenses fiscal year 2018 budget request. We welcome secretary mattis, chairman dunford, secretary norquist and thank you for your many years of distinguished service and your leadership of our men and women in uniform before we begin. We all want to acknowledge the service and sacrifice of Sergeant Eric houg, corporal dylan baldridge, these three soldiers from the armys 101st Airborne Division were killed this weekend in afghanistan. The thoughts and prayers of th...
June 28, 2024
Secretary that the news cycle has been so quiet and slow the last few days that we were so glad he could come here and help elevate our discussion. He comes at an incredibly important time, certainly on the heels of several days of incredible news not only security related issues, with the north korean launch of an icbm, but also as we watch unfold the historic meeting between President Trump and president putin today. Frequent fallon is a visitor to csis. He was here two years ago in march and ...
June 28, 2024
Secretary that the news cycle has been so quiet and slow the last few days that we were so glad he could come here and help elevate our discussion. He comes at an incredibly important time, certainly on the heels of several days of incredible news not only security related issues, with the north korean launch of an icbm, but also as we watch unfold the historic meeting between President Trump and president putin today. Frequent fallon is a visitor to csis. He was here two years ago in march and ...
June 28, 2024
Climb on the report. The u. S. Economy added 222,000 the in 174,000 expected. The Unemployment Rate tick ed a little higher to 4. 4 but only because more people joined the workforce. Even though jobs appear plentiful, there is still one thing missing. Pay raises. Hampton pearson has more on the nations employment p picture. Job growth was widespread and back on track in june. The hiring included 187,000 private sector jobs as well as big upward revisions for april and may. The Unemployment Rate ...
June 28, 2024
Through a plan that might save it. But we begin this morning with todays eye opener, your world in 90 seconds. Vladimir putin plays tendimensional chess. If he doesnt confront putin, hes effectively a weak president. President trump faces off with Vladimir Putin. The call on russia the day before the meeting to cease supportive hostile regimes is the sort of thing people welcome in this president. They clash with the police ahead of the g20 summit. They say, welcome to hell. Antiestablishment, a...