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July 16, 2024
Good morning, everybody. Welcome to squawk box here on cnbc but this comes after a backdrop of a pretty big decline on friday on friday the dow was down by 700 points and this morning its up by 200 points you have the s p up by close to 20 points and the nasdaq up by 26 but we are getting to the end of the month and thats when we start to take notice of what has been happening with declines that we saw on friday push the dow and s p 500 into negative territory for the month of june. If they want...
July 16, 2024
This is counting the cost on aljazeera your weekly look at the world of business and economics this week economies opening up this spike the pandemic as they head towards world war 2 levels could reseal stare at the all stimulus and when is the right time to pay down debt as economies tank and job losses increase the nasdaq hits a record high the stock market is divorced from reality or are we seeing a tech divide between the profitable and loss making. The pandemic has been particularly devasta...
July 16, 2024
Good morning. This hearing will come to order. , want to thank eyewitnesses first of all for your service to this nation. On behalf of the committee, if you can thank the men and women who worked with you and apron pretty tremendous effort, trying to deal with an overwhelming situation, as a nation, we need to be grateful for your effort. Had thebly have not days off. I really do appreciate that. Toant to ask for consent have my statement entered into the record. Just a couple of facts. Just to ...
July 16, 2024
Amazon apple and microsoft with a run clipped midday when the fed chair said he wasnt thinking about thinking about raising rates. Does zero forever, what does that mean for this rally at this point . Well, it means, you know, everybody said it so much splitting the at tom here. Weve very much gone the route of japan i think its absolute madness. I have no idea why he count hld have just said we remain data dependent and thats it. Ill say this, that to me seems to be the same autopilot today sta...
July 16, 2024
Meantime i want to go to blake burman on this back and forth so far how the cases are going because this is happening we have had backtoback days of 30,000 cases reported in this country. Something we have not seen since the beginning of may. To you, sir. Reporter neil, yes, the number of cases growing across the country. Over here at the white house though they continue to be adamant in their view, according to public experts they talked to and listened to here there is not a second wave right ...
July 16, 2024
Nation campaigning on the election trail has been forced to take a back seat will the president ial candidates ever hit the road and so their brand of politics to americans before the fall follow the u. S. Election on a. Hello im sam is a than this is counting the cost on aljazeera your weekly look at the world of business and economics this week economies opening up this spike the pandemic as debts head towards world war 2 levels could we see austerity or stimulus and when is the right time to ...
July 16, 2024
Kelly clarkson saying what doesnt kill you makes us stronger can numb bull companies emerge from this crisis better off i think they can i think were all learning how to do work differently and i think this is one of those life gives you lemons make lemonade type of a moment and as such i think this is one of those survival of the fittest things youre going to see businesses come out of this and come out stronger better and youre also going to see a lot of businesses unfortunately go under. The ...
July 16, 2024
Learning how to do work differently and i think this is one of those life gives you lemons make lemonade type of a moment and as such i think this is one of those survival of the fittest things youre going to see businesses come out of this and come out stronger better and youre also going to see a lot of businesses unfortunately go under. Yeah restaurants are gonna fold theres no 2 ways about it theyve just been out of business for too long and as much as i miss the camaraderie back at the head...
July 16, 2024
Economy as well. With concern that it would hurt the reopenings that would have been under way along with another round of infections because of all the demonstrations diane swan tweeted out today, theres little question the events of this weekend will affect the economy what started as a health crisis, but much more. The riots lasted, how long he wrote a long piece saying, its too soon to know how the economy will transition. The timing and trajectory of broad economic recovery will not be alte...
July 16, 2024
Expects a renewed down turn. And with the big swings in the market, weve seen the vix, the volatility fear gauge above 53 59 minutes left in another volatile week. We have great guests david giroux from t. Rowe price. And shares of wind ham hotels Geoff Ballotti will join us. Lets get to the market now and another up and down session for stocks after yesterdays massive drop mike, you may be coanchoring to day. Youre not off the hook. We need your charts and your dash boards. Walk us through the ...