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June 30, 2024
Space, berkshire results and the letter tonight and tomorrow. Europe is pretty mixed in the tenyear below 289 begins with stock futurer pointing to a better open. Investors continue to digest the potential impact of higher inflations and rates on equities, three weeks since the selloff began. General mills bets on pets. The cereal maker agreeing to buy natural pelt food company blue for a billion dollars. And on the heels of historic tax reform, turbotax maker intuit delivering but weaker than e...
June 30, 2024
Of core inflation is going to move to a higher trajectory in the next couple of months. If think there is a chance of inflation in the economy any see strong Growth Numbers coming out, that is going to bring volatility back to a more normal environment. The 10 year near 3 makes sense. That price is in four hikes, a lot better than six months ago. When we get a big selloff in equities, it will be because of a selloff in bonds. Bonds will lead equities down the next time. We have not yet seen it, ...
June 30, 2024
Thats something weve been watching so closely. And right now the yield pushing up once again for the tenyear, 2. 741 30year at 2. 967 the twoyear, 2. 165 . Facebook posting betterthanexpected earnings, but users spent less time on the social network in the latest quarter. The number of daily users in north america also dropped for the first time shares initially dropped but then recovered on the Conference Call the cfo saying they are maintaining the 2018 expense forecast and suggesting the tech...
June 30, 2024
It is stronger than we expected. We felt for a while that the pot of core inflation is going to move to a higher trajectory in the next couple of months. If think there is a chance of inflation in the economy any see strong Growth Numbers coming out, that is going to bring volatility back to a more normal environment. The 10 year near 3 makes sense. That price is in four hikes, a lot better than six months ago. When we get a big selloff in equities, it will be because of a selloff in bonds. Bond...
June 30, 2024
We felt for a while that the pot of corinth is going to move to a core inflation is going to move to a higher trajectory in the next couple of months. If think there is a chance of inflation in the economy any see strong Growth Numbers coming out, that is going to bring volatility back to a more normal environment. The 10 year near 3 makes sense. , a lotce is in four better than six months ago. When we get a big settle selloff in equities, it will be because of a selloff in bonds. We have not ye...
June 30, 2024
To go in february. Jim dow has been in another big ring 600 points today the worst week shaping up since 08. You told us yesterday stocks were going to go down another 3 right on the money what happens now let me be careful, scott. I dont want to pretend that i can tell you whats going to happen today or tomorrow but you asked a question and ill answer it i think this is going to be like a typical correction where we bounce along for a couple of weeks then people real the Profit Growth picture i...
June 30, 2024
Will confirm the economy is growing up at a nice clip. When interest race back up it is reflection underlying economy. Well look at the pros and cons in the next couple hours. Well take a look at some data that supports stocks continuing to run up. As i just said, investors seeking out safe alternative like bonds. Whether this is the day to do that, hard to say. This much is not. Enough to weigh on stocks. A backup in rates enough to say for a lot of folks to say, maybe, maybe, we should step ba...
June 29, 2024
Seemingly more stable usa. But on greece markets now well off their lows. Mary thompson what are people saying down there . While we are off the lows as you pointed out, dont get too excited and think that were past the worst of it we are not. The dow was down 166 points at the worse www. Point. Right now were down about 30. Vix which popped up 10 at the open is now only fractionally higher after pulling back. This that is a fear index we watch here at the new york stock exchange. The story rema...
June 29, 2024
It is. We will be talking to Carmen Reinhart about it at 8 45. Stephanie greece has had deadlines before. European leaders gave a greek Prime Minister Alexis Tsipras, until midnight tonight. They want more spending cuts before agreeing to a bailout. Greece will not get special treatment. We remain fully engaged in order to help find the solution that will be most conducive to our mission, to try to help with restoring stability, growth. Stephanie wieters can decide how to respond to the greek pr...
June 29, 2024
Google surging. Ge shows strong profit in the industrials unit as the Company Continues to shed the assets in finance. Amazon says hater can hate but prime day is here to stay. The company saw a 93 prime increase. The germans say yes to starting the bailout talks. Were waiting for a formal announcement that talks will start on monday to keep greece in the eurozone. First up google up sharply on strong quarterly results. Up 25 in the past week. It beats the street. The Company Called out a Strong...