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July 16, 2024
Expected to move to trial, the phase one china trade deal expected to be signed at the white house this morning top trump economic adviser larry kudlow joins us first cnbc this hour. And financials are in focus, bank of america beats for the quarter, goldman hampered by litigation charges target shares are plunging. Holiday sales miss on estimates on weakness and toys and electronics. The u. S. china phase one trade deal said to be signed this morning this is what secretary mnuchin said about th...
July 16, 2024
The dow gained 91 points the s p only climbed 1. 9 . Nasdaq barely at all 0. 8 where do i even start . This morning kicked off with an interview we did with the chief Economic Advisor and my former cohost here on cnbc, he explained that the agreement side with china is a lot more farreaching than most people realize. It actually forces china to change the way it runs its economy to create a more level playing field. He said our relationship with china is quite cordial because the Chinese Governm...
July 16, 2024
As the British Asset manager posts 16 billion pounds worth of outflows in the first half despite some strong market gains. And china sets its yuan fix at a slightly weaker than expected level, the trump team plays down fears of a drawnout trade war. The nato secretarygeneral tells cnbc the tension goes beyond trade. We need to assess security consequences for all of us of the rising military power of china and also see that china is coming closer to us in europe, in africa. A very warm welcome t...
July 16, 2024
Nevertheless, stocks are rallying, the s p 500 back above 3000. The dollar index almost reached 99. It is still a lot stronger but it is trading at 98. 61 now and that is having an impact on other Asset Classes like crude oil. Gold as well coming off a little bit. Some of the stocks that are moving in the s p 500, Restaurant Brands and Food Companies continuing their outperformance. Kellogg up more than 10 . Also yum brands had better sales. Performers in the s p 500 are performing very poorly, ...
July 7, 2024
I came away with a couple different impressions. First of all Artificial Intelligence was everything. Every panel, every roundtable, every discussion centered around Artificial Intelligence. People like to raise Artificial Intelligence really when its not even speak as we believe this but you can finishwatchingd take you live to discussion of the Banking System and Financial Services sector with Bank Executives and former regulators. You are watching live coverage on cspan2. 1300 bankers state A...
July 7, 2024
Investors from across the globe to the u. S. Housing market. This promotes the availability of mortgage credit for the millions of households served by federal housing programs. Our guest today is certainly no stranger to those in the Housing Field where she has enjoyed a long and distinguished career. Alayna mccarter was sworn in as the ginnie mae 18 president in december, 2021. Previously, she served as Senior Advisor for House Finance to hud secretary marcia fudge. Prior to joining the biden ...
July 7, 2024
Have already filed suit against it. The director of the cfpb about what is next. Congress expected to vote on tiktoks fate here in america. The streamers nearly shutting out of last nights oscars and a new partnership. Well speak with former tiktok ceo mayor and entrepreneur gaylord. Lets get to bob pis an owe the floor as always of the nyse. Lets take a look at the mixed. We had a choppy day for the s p 500 and its been led by consumer staple stocks and thats nice to see. Materials have been st...
July 7, 2024
And by you, of course i mean me. Thats why every year i like to hold a day of atonement to help you learn for my worst mistakes, tonight i will demonstrate how we can all improve by examining a number of calls on mad money and travel trust, explaining why they occurred. And what you can do to learn for me and do it better. Here are the biggest errors i see made, how i will vow once again to try not to make them even as different ones pop up to haunt me. Most of the thing i do wrong these days ar...
July 7, 2024
Us in a couple minutes. Plus, nova nordisk is experimenting with an obesity drug. And big tech struggles. Apple, those shares are looking for a bounce after a sixday selloff. Tesla, similar story. No longer one of the most valuable s p 500 companies. Lets begin with the 1 billion Equity Investment led by liberty strategic capital. Hes going to join us in a few moments. Got some clarifications today. More data on deposits, the percentage that are insured and so forth. I think its important to kno...
July 7, 2024
Comcast supports cspan as a Public Service along with these other Television Providers, giving you a front row seats to democracy area. Now, ginnie mae on expanding homeownership opportunities. This is about 50 minutes. Veterans administration, the usda and home Loan Guarantee program, ginnie mae connects investors to the u. S. Housing market. This promotes the availability of mortgage credit to the millions of households served by federal housing programs. Our guest is no stranger to those in t...