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June 25, 2024
Conditions for firms so that they can compete best. Turning to the budget, one also from abroad has the impression that there has been a turn toward heavier military expenditures, certainly more aggressive stance than one thats perceived here. Is that important in terms of the budget or is it more show than reality in terms of spending . If its important in terms of a reallocation of spending, does that limit their opportunities for fiscal effective fiscal adjustment in the regard we have been d...
June 25, 2024
We have to look what equities did yesterday in the United States. Germany much better than expected. Italy, much less than expected. Tom there is a lot of Economic Data coming up. I look at this friday as a reset onto jackson hole. We have incredibly smart guest with us today. What i like about it is this is the week where we have moved on from brexit. I dont know what we have moved onto, but we left june 23 behind. Francine i just had a 30minute special on brexit, so i havent moved on, but i kn...
June 25, 2024
Pushback. Jay has been critical of governor carnie and his campaigning ahead of the bricks referendum. Brexit referendum. David he thought he had his thumb on the scale a little bit. And the possess schism coming ut of the f. C. S. Fx market. David love it when bears capitulate. And we will talk about the feds next move with Mohamed Elerian. He will join us in just a moment. But first, john, youre taking a look at those markets. Jonathan i am, thank you very much. Lets get straight to it. In the...
June 24, 2024
Welcome. Im delighted to welcome Lisa Anderson to present the third in our series of three talks on the middle east at an Inflection Point. This is an activity which is support bid the general funds to the middle east program. And it just seems to us as we were looking forward to a new administration five years after the beginning of the arab uprisings it would be useful to take stock of where we are. In my mind, there could be no better guide than our speaker today. Ive known lisa for 25 years ...
June 23, 2024
If congress does move on relaxing the u. S. Ban on exports of crude oil. Ill keep an eye on that story which the white house says they still prefer their administration to address. We take you live to the nymex for the latest shortly. And fitbit soaring again today on nufz a corporate account with target. We debate whether this stock is more than a fad bill. They order 335,000 fitbits theyre going to hand out to all target employees. Thats a lot. Plus mad money meets closing bell. Jim cramers go...
June 21, 2024
Be an increase risk. Lets go to sydney, paul allen is there. What sort of risks are these leaders talking about . Canadas finance minister summed it up neatly. He said that the search for return in a low yield environment is prompting investors to seek higher risk investments. There is a rare if there is a reappraisal, there could be considerable losses. The finance ministers and governors to debate whether to include in their communique, a warning for investors to be vigilant about taking risks...
June 21, 2024
Of attacks by alshabab. And infections resist important to antibiotics could kill more people than cancer by 2050. Were hearing that at least one person has been killed in a blast at a French School in kabul. A suicide bomber blew himself up in an auditorium. Jennifer glasse joining us from kabul with the latest on that blast, jennifer, and how it happened. Reporter doreen, it happened this evening at a play in the French High School in the heart of kabul. The play ironically was called heart be...
June 21, 2024
And new data on how bad the breach was at jp morgan. It was a computer hacking thing. It is a very, very large number. First to sue. We have a very large number on the Dow Jones Industrial average based on the stronger than expected jobs report which is fuelling todays big rally. Just to recap the u. S. Economy adding 248,000 jobs in september ahead of expectations. Also, the prior two months were also revised higher. The surge in hiring driving down the Unemployment Rate to 5. 9 , the lowest si...
June 21, 2024
Eurozone for this month. Were looking at it coming in higher than the expectation. Yes. So the december the december composite pmi flash estimate was forecast at 61. 5 and it came in at 61. 7. So a tad higher than anticipated. Were looking at the euro trade slightly higher against the u. S. Dollar right now at 1. 2487. But we should give you the full picture, which is that the euro has appreciated against the u. S. Dollar by around 10 this year. But again, better than expected manufacturing data...
June 21, 2024
90s the republicans have been trying to get dynamic scoring in after the one to 94 elections. Its always been an option to have it in addition to the projections that are already provided by cbo, right . The article use dynamic scoring for literally every bill instead of the magnitude we discussed instead of the regular scoring . Or are they going to be cases where were still going to also use the regular scoring as well . I think on the basic question ill say what i know and then we can ask the...