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June 25, 2024
At one poi the dow jones was off 250 points. It finished down 195, at 18,143. The nasdaq fell 49. And the s p 500 was off 20. The reason for the swoon, a bloomberg report that some hedge funds cut their exposure to germanys Deutsche Bank. That sent shares of deutsche ba to an alltime low and rippled into the u. S. Financial sector. Thats because the report was reminisct of the financial crisis, when investors sold on news of counterparties pulling business with banks like lehman br and bear stea...
June 24, 2024
It is worth 8. 5 billion. Given preferred bidders status. Zealand shouldw be prepared to introduce further easing. The imf says it continues to dollar well and the kiwi is less overvalued than it once was. The number of People Killed in saturdays earthquake in taiwan has reached 37. Hong kong has condemned writing that left rioting one Police Officer unconscious. Police have been called in to shut down illegal protesters blocked streets and attacked passersby and warning shots were fired. Those ...
June 24, 2024
I apologize, did not see you there. Go ahead. Is, we do suggestion everything. Congressmen, running for offices, only can run for one month. One month. That way we can get rid of all of this month. All of this money. All of this money. Senators, everybody, should be able to run for just one month out of the whole year. We get everything we need to know about them in one month. Then we need to do one other thing. All donated money should come from us. We should have it so that one a year, once ev...
June 23, 2024
Pricing scandal intensifies. Good morning, quick look at u. S. Futures and were expecting a bounce back in todays trading session. S p 500. Seen up by 12 points, could add 104 points even. Up triple digits and the nasdaq higher by 26 points. This is after we closed lower in yesterdays trading session and one of the biggest factors was walmart taking 44 points off the dow. I want to talk about another company first. Netflix. Third quarter earnings disappointed missing on the top and the bottom li...
June 23, 2024
Christine lagarde, the managing director at the imf. Fang xinghai, vice chairman of Chinas Securities Regulatory Commission and director general at the intercontinental economic department. Gary cohn, president at goldman sachs. Zhang xin, chief executive officer and cofounder at soho china. And ray dalio, chairman and chief executive officer at chief Investment Officer at bridgewater associates. Thank you so much for joining us. Ray dalio, is there something that the west misunderstands about C...
June 23, 2024
Christine lagarde is the managing director of the imf and thank you so much for joining us. Is there something that the west misunderstands about Chinese Markets and does that exacerbate volatility . I think there is a lot the west does not understand about Chinese Markets. The essence of whats going on in china is an adjustment. They have a debt restructuring challenge. They have an economic restructuring challenge and they have to come up with a new model. They have a Capital Markets challenge...
June 23, 2024
Fang xinghai, vice chairman of Chinas Securities Regulatory Commission and director general at the intercontinental economic department. Gary cohn, president at goldman sachs. Zhang xin, chief executive officer and cofounder at soho china. And ray dalio, chairman and chief executive officer at chief Investment Officer at bridgewater associates. Thank you so much for joining us. Ray dalio, is there something that the west misunderstands about Chinese Markets . And does that exacerbate the volatil...
June 23, 2024
Managing director of the imf and thank you so much for joining us. Is there something that the west misunderstands about Chinese Markets and does that exacerbate volatility . I think there is a lot the west does not understand about Chinese Markets. The essence of whats going on in china is an adjustment. They have a debt restructuring challenge. They have an economic restructuring challenge and they have to come up with a new model. They have a Capital Markets challenge. They need to build in a...
June 23, 2024
Thank you so much for joining us. Is there something that the west misunderstands about Chinese Markets, and does that exacerbate volatility we saw the last two weeks . Think there is a lot the west misunderstands about the Chinese Markets. Essence is and adjustment four major challenges. They have a debt restructuring challenge. They have to come up with a new model for the economy. They have a Capital Markets challenge to build the Capital Markets in an efficient way so through thes system. An...
June 20, 2024
What we have said about whether is a little bit complicated and confusing. Let me say between december and january, the Committee Cell Data Committee sought data aboutas more optimistic the outlook. Incoming data since january, when our statement sounded quite ne, probablyc town down due to weather and we probably overdid the optimism in january. March,ake december to the committees views are largely unchanged. You have been you served on the fed previously. I am wondering, as chairwoman, what h...