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July 16, 2024
Some of the other Asset Classes are moving on a bit of news. Sterling falling, erasing the gains we saw for the currency before the general election. Going below 1. 31. The thai baht is one of the strongest currencies in this part of the world, Interest Rate. Bit later coming out Oil Inventory story, that is not the oil price but we have 60 or thereabouts. That is reflective of a growth in u. S. Inventory. Bitcoin, continuing to be there even though it is higher. A report says the cryptocurrency...
July 16, 2024
Softbank vision fund. What is going on . Of new reports. And 2019, the year in review. ,he plans for Cryptocurrency Facebook felted all. What is the strategy going into 2020 . First and the top story, shares of micron up after they reported betterthanexpected top and bottom line numbers for their fiscal firstquarter and the forecast strong numbers for the current quarter. Gross margin is something i have been eyeballing all day. They are coming in more than 27 . At the ludlow ed ludlow is here t...
July 16, 2024
Since 97. The apple surge on track for what will be the best yearly stock rally in a decade. The company is in talks to buy japans displays primary smartphone screen factory. And tesla on a tear shares climb to above 430. The automaker expecting a rollout the first china made model 3s on monday there seems to be no stopping the year end rally stocks are on track to hit new record highs nasdaq as we said in the midst of the longest daily win streak since 09 after closing above 9,000 for First Tim...
July 16, 2024
Swedishs central bank is egative territory. Possible for us to go to zero. This episode is over. The house takes a historic vote to impeach President Trump. Karl 2 is adopted. This is an incredibly divided time in congress. As 2019 comes to a close, investors share a perspective on the state of the global economy. The growth trend is in place for 2020. You really do have too much money piled into yielding assets. I think what were doing is borrowing from the future and will end badly. Its all st...
July 16, 2024
Economy is set to end the year in contraction as months of protests take their toll. There is course for massive evacuations in australia as wildfires continue to burn amid a heatwave. Shery starting with breaking news out of south korea, we are getting industrial reduction numbers for november, contracting. 5 is missing esti. It was expected to stay flat. It is a stabilization after a fall of 1. 7 . The previous number for october was revised higher, contraction of 1. 6 . We are talking about a...
July 16, 2024
Munster. Hospitality disruptor. Shortterm holds that combine elements of hotels and apartments. We will hear from the ceo. But first to our top story. Record highs on tuesday on averages, but Something Interesting happened during the day. The s p 500 tech index closed down slightly. Is this a sign of trouble to come . Joining us to talk about what this means is bloombergs abigail doolittle. I want to take a look at a chart im showing in my terminal which highlights some of the profit taking. I a...
July 16, 2024
Most expect it to end in the Fourth Quarter of this year. If that does not happen, that could really take a chunk out of the rally and make 2020 difficult. Plus, trade. That agreement still has to be signed. President trump indicated that could happen over the next few weeks. Then we are looking at phase 2. 2020 could bring some new risks that are not priced in, at least not now. Kurt certainly something we will be following. Thanks to bloombergs Abigail Doolittle for that update. The final stre...
July 16, 2024
Sources say the ftc is widening its investigation of amazon to include its massive cloud business. And u. S. Senator Marsha Blackburn on the social media app tictoc. Tiktok. We will hear from her after they say they have made changes. But we begin with major changes happening in alphabet. Larry page and sergey brin announced they are stepping down from the tech giant. The google ceo will now be the ceo of both google and alphabet. They will remain active as cofounders and remain on the board. Tu...
July 16, 2024
The rates are held, but swedishs central bank is negative territory. Past the wall for us to go to zero. Kailey the house takes a historic vote to impeach president trump. Article two is adopted. Its an incredibly divided time in congress. Kailey as 2019 comes to a close, investors share a perspective on the global economy. The growth trend is firmly in place for 2020. You do have too much money piled into a lot of higheryielding assets. What were doing is definitely borrowing from the future. W...
July 16, 2024
2019, the year in review. Im content moderation, acquisitions, data privacy to plans for cryptocurrency, facebook felt it all. What is there strategy going into 2020 . First to our top story. Shares of micron are up. This is after they reported betterthanexpected top and bottom line numbers for their fiscal firstquarter and the forecast strong numbers for the current quarter. Gross margin is something i have been eyeballing all day. They are coming in more than 27 . Ludlow is your to break in th...