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July 16, 2024
Pretty true to form on this thanksgiving hence to be a positive bias. But nothing out of the mode for a moment here. And that was a few days ago. You know, not necessarily you might think so you kind of just, you know, get ab early slate there was a definite persistence to the quarterly strength. There is a dynamic though. Once it gets overbought, once sentiment gets overoptimistic as arguably it is right now, usually you can see the multiple times in recent years when the Fourth Quarter just me...
July 16, 2024
Lose social distancing measures in indonesia, perhaps having a slower recovery. Were still seeing gains. The sti also snapping out of a whole week of losses we saw yesterday, where every day last week was in the red. But we do see singapore the most affected nation in the nation region in the nation. The nikkei 225, watching the boj, a lot of focus on bond buying. Will they scrapped that ¥80 trillion target and launch that unlimited qe . The yen has been satellite steady ahead of the policy dec...
July 16, 2024
Selling but the glut looms over the market. The politics of the pandemic. The u. S. And china continue to trade barbs over their handling of the crisis. Washington says the world has been let down. Breaking news out of south korea. We are getting First Quarter gdp numbers quarter on quarter, seeing the biggest drop since 2008. Young talking about a contraction of 1. 4 . It is still a little bit better than expected. The expectation was a contraction of 1. 5 but it will still be the First Quarter...
July 16, 2024
It is only the Dow Jones Industrial average right now that is lower today. We had a raft of earnings and a huge amount of Economic Data, very poor Economic Data. In the s p 500, it is some of the banks dragging it lower, but the dows worst performer right now is boeing, which is down 5 . Exxon mobil in there as well, and then j. P. Morgan chase. We had earnings from Morgan Stanley this morning. It has been a little all over the place, but down 1 now. The 10 year yield at 60 basis points after we...
July 16, 2024
Continued coverage of the coronavirus outbreak begins now. Good morning and welcome breaking news, the Senate Passing an historic Coronavirus Relief package last night with a unanimous 960 vote. Chris joins us from new york what are the next steps for this bill reporter after days of partisan disagreement, the Senate Finally reached Common Ground on this vote, the yays are 96 the nays are zero. Reporter hopes to help the people blindsided by the coronavirus outbreak we are going through a crisis...
July 16, 2024
279 points looking at the treadsrys the 10year is at 0. 77 . That is nuts especially when you start to look at where we were a handful of months when people were talking about a 3 as rates go down cheaper this is such a panic move. Is it forecasting a Global Movement the problem is that everyone was worried that stocks were overvalued the problem is there is no way of gauging what the effects are. Everyone at this desk could have started throwing stocks at the wall people are going for safety an...
July 16, 2024
Seeing. Sarah you look at equities in japan right now. The nikkei 225 of more than five percent, trading below 20,000 for the first time in over a year. What is already been very rough price action is only getting worse as time goes on. You look at s p 500 futures trading at the 5 limit from the friday reference price. 28. 1 nine. At futures continue to trade. They just cannot jump although it or fall below it. That is the first time we have seen a limit down since donald trump did win the presi...
July 16, 2024
I am max kaiser out being new there were. Wow im feeling it 2020 should be a whopper stacy yes this is our last day of 21000 were heading into 2020 we have a lot of predictions that means because of course no beginning of the year is a true beginning of the year without some predictions i think 2020 could be a year for giago we saw coming into the end of the year these uprisings across the world so will we see pitchforks and billionaire taxes was going to have a banner year they global insurrect...
July 16, 2024
Attacks might pass but that the millennial realize that they have some odious wealth well if the prevailing sentiment will be that the blue the billionaire boomers wealth was not earned it was stolen i have a cunt ill in effect by their dismantling of the rule of law by the dismantling of regulations by their. Coopting the political process by their engagement and all kinds of nefarious underhanded techniques they have stolen the future and now these millennialism genesee folks are going to have...
July 16, 2024
The is an agenda is a folks are going to give up theyre going to realize that theres been a rigged game from the beginning they have no chance theyre not going to make as much as their parents did Life Expectancy is falling in america and the environment is collapsing and they realize theyve got to fight their way out of this or theyre going to perish so theyre going to theres going to be pretty gnarly to use a millennial term i think there was a generation x. Term i remember that and i from my ...