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July 16, 2024
Policy speech. The city faces rising infection rates and a clamp from beijing. Joe biden names his Foreign Policy and Security Team as he with to calm Relations International friends and foes. He says america is back ready to lead. Haidi lets look at the set up at the start of trading. We are seeing some green shoots at the open, about. 4 higher. Global stocks as well as asian stocks continuing to be on a tear. We are watching keenly for developments in kiwi assets, given we had the rbc releasin...
July 16, 2024
We will be standing by for that. Looking at the markets, stocks rising to the highest level since february. This as a number of stocks including amazon and zoom continuing to rise because of extended shelterinplace and work from home orders. More earnings out this week, watching microsoft, intel, tesla as new cases are being set in states across the country including the first death of a child being reported in minnesota. This as the president , governors, teachers unions and parents battle it o...
July 16, 2024
The reopening of america. Take a look. Dow futures turning negative down 19 points but the nasdaq is up 9 and s p 500 is also negative down about 1 point, mixed story this morning, dow and s p 500 snapped 3day winning street yesterday turning negative by the close, dow down 170 points, nasdaq was up 14 but s p down 11 and a quarter. Secretary mike pompeo meeting with chinese top diplomats as issue on trade, human rights and coronavirus heat up, john boltons new bookmaking claims about President ...
June 30, 2024
A little bit of euro area pmi figure. Little more than expected that is getting a little bit of a list to europe. The stoxx 600, little bit down. Maybe a little bit of angst about what is happening in the u. S. Tax reform. We were expected to have news yesterday. The vote has been delayed to this morning. Im looking at dollar index. That is a tax reform story. Any moves on the asset classes. Coming up, i am excited about talking markets. , he is at Goldman Sachs. Durlacher is the international c...
June 30, 2024
Hearing comes a month after the us air force admitted a clerical error that allowed a former airman who shot 26 people at a church in Sutherland Springs, texas, to buy a gun despite a Domestic Violence conviction in 2012. The Senate Judiciary Committee Hearing runs a little over three hours. [inaudible conversations] good morning everybody. Thank you for attending todays hearing. We gather here today in the wake of violent acts by evil man in las vegas and Sutherland Springs. Those two places ge...
June 30, 2024
Hours. Morning, everybody and thank you for attending todays hearing. We gather today and the wake of violent acts by a violent man in las vegas and southern springs. There is a lesser number of people who find other places as well. Today with the help of our witnesses we hope to learn more about how those tragedies may haveve been prevented and we wil discuss various proposals on preventing similar tragedies in the future. Before october 1, 2017, few americans knew what they dump stock was. The...
June 29, 2024
President trump prepared to give the verdict on iran tomorrow. A new strategy as allies urge restraint. Betty it did feel like restraint in the equity markets. We saw it touched slightly lower. That is raising questions about whether markets are vulnerable to a sharp pullback. , whichook at g btv 1138 shows you the brett breadth of the market. It is the equal weighted indexes in the blue and white lines. That evens out the in influence on the index. You can see the breadth of the market. Falling...
June 29, 2024
Highs on the s p 500. We do not want to count that out just yet. Made one 2575 level we friday. The nasdaq up more than 2 , the nasdaq 100 up almost 3 . Amazon, microsoft, facebook, google, apple all the names we know that are driving it higher. Lets dig into a few of these. I want to focus on microsoft and amazon. Microsoft serving to a record after a quarter beat on revenue. Dumping jumping by doubledigit. About the pivot to Cloud Computing and ai. Similar with amazon. Doubledigit revenue, 34 ...
June 29, 2024
Activity, a lot of speculation that has been going on. In the past few moments as we have been talking about, there was a report from cbc that disney and 21st century fox held talks for disney to take over some of foxs various networks. Not a fox news or business channel, but the Cable Networks like fx, for example the two sides. No longer in talks. We definitely saw some stock reaction. Disney spiking and coming back down, bouncing around as people try to figure out what to make of all of this....
June 29, 2024
Maria commanderinchief and first lady dunaway xi jinping in be in the business city right now. We will bring you the latest of the president pressures china overtaking a stronger stance in dealing with pyongyang. The results are in. Democrats take key victories in virginia last night. The midterm elections in the year to remember. The market was the prime buying opportunity following the election of President Trump and breakdown the rally and how high the markets climb from here. 28 by five high...