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July 16, 2024
From Stewart Frankel welcome, steve thank you are we going to end the sixday win streak here . If we did would it be a shock . And its still plenty of time for us to turn around, turn green. We bounced about 6 off the lows but we are not overbought. So to your point, i dont think that we necessarily have toned today but its a good stop to say lets take a breather, were still above all the moving averages in the overall market about 10 handles lower in the s p cash but i still think were on good ...
July 16, 2024
Actually, its worth. Carter worth because the chartmaster was spot on with his bold bond call earlier this year and youll never believe where he says they are headed next hell explain. Its time to risk less and make more the action begin and we start right there with the bond bombshell rocking the markets this week. Theyearold on the u. S. Tenyear yield sinking to 2. 7 in 2017 as the s p closed out the longest weekly losing streak in five years and the rate shock coming as no surprise to carter ...
July 7, 2024
Day. Its been up closer to two thirds on 1 ago led by ai chip leaders brought, and nvidia, the ai winners and consumer and financial names celebrating the j Paul Press Conference yesterday. Potential soft laughing landing. Index will be higher still if not for the drag from apple. That takes us to our top take. Antitrust threat to apple, the real thing. How might you change the equation more broadly . It protects market leadership at our tech correspondent stephen apple shareholder are here to s...
July 7, 2024
Day. It is definitely a top heavy move. You see it up 0. 8 . The equal weighted up too. Nasdaq up by a full percent. Alphabet as mentioned popping this morning. It is now up about 4. 3 and the biggest upside contributor. Apple is ahead as well, 1. 4 on reports that apple might use googles zoo a. I. Capabilities in the iphone. Crude up another the high since halloween. It leads to the talk of the tape. Based on a goldilocks economy, a. I. Excitement and prospect of an easier fed, is the playbook ...
July 7, 2024
Is made infinitely more confusing by all the arcane technology and authentic wall street gibberish [ boos ] you need to wade through to learn about a stock or its underlying business. If youre not clued in to the jargon it can sound like the professionals are speaking an entirely different language. Theres an entire industry that need you to be convinced investing is too hard for you, that ordinary people cant do it, and the sane yft thing to do is to give your money to a pro. Hey, by the way, t...
July 7, 2024
Which shoppers continue to buy essentials even as borrowing costs rise and inflation pinches their budget chinese property crisis deepens. Another company with openings to the sectors misses payments. The latest investments from beijing straight ahead later in the show, its not just the cost of tuition that continues to go up every school year living off campus is creating sticker shock for students and their parents. It is thursday, august 17th, 2023 youre watching Worldwide Exchange right here...
July 7, 2024
Has rallied higher. I will give you comments from former treasury secretary Larry Summers. He spoke to david westin about a much higher rate. Bloomberg dollar index continues to gain ground. It has been a lot of strength of the past four weeks as the yields get higher they are more attractive to Foreign Investors who needed to buy dollars to access that. Crude, very interesting traded today. We have inventories a little bit light. Nonetheless, we see nymex crude below 80 a barrel. West texas int...
July 7, 2024
The most who are concerned about the up side risk a number were two sided and we learned for the first time in these minutes that couple participants, just people at the table there among the Bank President s, wanted to keep the rates unchanged so that they were not in favor of they were not voters apparently or if they were, they didnt vote what they said their concern was, wanting to keep rating unchanged. Going to on give you some positive comments and ill offset those with negative or hawkis...
July 7, 2024
It, where people arent going to say joe who . If you feel you can do it, you should do two. It gets you to the point where you need to be you will you are revealing i can give you a hint the average real heat feel was 115. And you werent out west . No. Thats a dry heat. This is a humid is that hot a place called the golden isle you have to google it. What state . Georgia heat index 115 . Yes you can fly into jacksonville. Why people go there in august . I dont know i havdont have an answer you h...
July 7, 2024
The company is not giving up a fight. We look at the intersection of politics and big money. And breaking records on the fourth largest economy, putting the stocks rally at risk. Later in the show, the boeing stock wipeout continues as the growing concerns grow for investors and wouldbe hires. Its march 13th, 2024, wednesday, and youre watching Worldwide Exchange right here on cnbc. Good wednesday morning. Welcome to Worldwide Exchange. Thank you so much for being here with us. Were going to get...