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June 20, 2024
It is sometimes a good indicator of what we will see on friday. There may be blacks backlash from boys. Flash boys. Will face more questions about gms failure to fix it ignition switches. She used her appearance to stress that todays gm puts customers ahead of anything else. Matt, overall, what has been the assessment of her performance. Did she do well yesterday . A lot of people were surprised that she refused to answer or did not know the answer to a lot of questions that these congressmen we...
June 20, 2024
From our studios in new york city, this is charlie rose. A journalistwis is and a big bestselling author. Chronicles his experience as a bond seller more than 20 years later he revisited finance and the Global Economy with the big short. Is latest is flash boys a wall street revolt, a look at High Frequency trading. Here is what 60 minutes reported sunday night. What is the headline . The stock market is rigged. The most iconic market in global capitalism is rigged. By a combination of the Stock...
June 20, 2024
Good Economic Data out this morning. Often when you get a new high you tend more often than not to get a high the second trading day and it looks like we could be doing that for the s p. 1910, 1900 was the new record closing high which is bringing up a different kind of conversation. Inflation, suddenly. Were talking about that. Were talking about the dreaded iwith the word and implications potentially farreaching from the fed to your investments. If the people were going to talk to are right, t...
June 20, 2024
Been much like our native american and set ancestors usiny part of tragedy of. [laughter] with nonstop expert news reenactments, graphic simulation, with just a souscian of pop culture relevance. Theres a theory out there with a socalled zombie plane theory. Jon because zombies are hot, yo or maybe the plane was cooking meth in a new mexico trailer. [laughter] but the real question is how did the plane meet your mother . [laughter] the point is while other News Networks have been somewhat willin...
June 20, 2024
Rigged. Michael lewis says High Frequency trade is using an unfair advantage which is extracting billions of dollars from investors. Welcome to the first Worldwide Exchange of the week. Europe has now moved into summertime, so we have now regained five of the differential with the United States, but things have changed as far as asia viewers are concerned. An hour into trade today, here in europe, you can see advances currently outpace decliners by a ratio of 72 on the dow jones 600. The ftse la...
June 20, 2024
Right now they suggest the dow would open lower by 20 points. The s p will open lower by 4. And the nasdaq opening lower as well. Who is the big star for the week . You said we have a big star for the week and showed those people. They were on tuesday, wednesday and thursday. Who is the big star of the week . The week ahead. Who is on today for the big star for the week . Michelle carusa cabrera. Oh, got it. I thought that sam zell was on today. And we have the guy from wall street journal. That...
June 20, 2024
Europe is down for the second consecutive day. Our road map begins with jcpenney, a pleasant october surprise as comp sales rise for the month. Trends look upbeat for the month and is giving the stock a big boost in the premarket. Deere jumps on quarterlies but lowes falls. And youre going to want to hear what yahoo Ceo Marissa Mayer had to say last night in San Francisco. Well have that for you. Shares of jcpenney up sharply despite a wider than expected quarterly lost. Mike ullman says penneys...
June 20, 2024
He will be on power lunch with us tomorrow for an extended interview after the release of his new book. It is called flash boys. He says the markets are rigged, mostly because of High Frequency trading. Are these markets free and fair for everyone . We will begin a conversation about that today, continue it with michael tomorrow. And north and south korea engage in artillery duels. Is this the real flash point the market should focus on . After a weekend of quakes and aftershocks in california, ...
June 20, 2024
Package rounding up spending. It helps the countrys Railway Stocks steam ahead. Imf Christine Legarde urging policy easing. And stronger data helps appreciating stocks to the longest rally in three months. The dow flirting with a new high. Announcer youre watching worldwide exchange, bringing you Business News from around the globe. And welcome to todays program. We are just over an hour into trading during the european session at the moment. You can see on the stoxx europe 600 currently, advanc...
June 20, 2024
Afternoon. We have new earnings after the bell. Allen financial is going public. Allied financial is going public. It will price after the bell and begin trading tomorrow on the new york stock exchange. Quiet day today. Futures are up fractionally. 10 year yield goes nowhere. The rogue its a little bit of strength. A little bit of strength. Nymex crude advances. Screen. Next last 24is better in the hours. Twoyear yield is better. Call it the yellen meter. Tone. Set the the inflationadjusted, pri...