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June 27, 2024
Congressman mike bishop was up all night. He was marking up the bill. The president has summoned his cia chief to the white house. Follows the massive site search. The wikileaks founder. They will be there to explain. And whether americas tech giant will reach out on his offer to fix the leaky software. On wall street eight years ago the financial crisis cloud parted. On this anniversary will be see the slip and slide in oil. Where yes than less than an hour for the closing bell. Lets start the ...
June 27, 2024
Second. He would come in so high. He believes his number. Not everyone else im surprised that the average stayed below 200. I am too. Given how hot the number was. Its not a one to one correlation. Every other signal on jobs indicates that the market has gotten stronger and stronger for jobs. This 8 30 number we say how big it is. This one actually does [ overlapping talking ]. The futures are looking at 100 odds that the fed raises rates. If you get a weaker than expected number will they still...
June 27, 2024
Francisco beautiful skooiz skies at 50 degrees and north bay 41, east bay 49 and, yes, tonight going to be around i dont know because weve had such a great week of 60s and 70s and today we are going to be slightly warmer than what we saw yesterday for some areas. San jose expecting a high of 74 and in the north bay, the napa area is going to be really beautiful. Were warming up to about 76, 77, its a good day to get away or get away to your backyard. My carp thermometer yesterday said 80. I dont...
June 27, 2024
Along. There was a reaction yesterday to the fed raising rates in what scarlet is calling a dovish height. A dovish hike. Reaction, but today we see a little bit of a downturn in major averages. Stocks back to their holding pattern. 105 sessions know without a drop of at least 1 in the s p 500. Gopro is moving sharply higher after the company unveiled another round of job cuts. Fulltime and open positions are being cut. The company says it will be cutting expenses. Analysts largely positive, but...
June 27, 2024
Along. There was a reaction yesterday to the fed raising rates in what scarlet is calling a dovish height. A dovish hike. Reaction, but today we see a little bit of a downturn in major averages. Stocks back to their holding pattern. 105 sessions know without a drop of at least 1 in the s p 500. Gopro is moving sharply higher after the company unveiled another round of job cuts. Fulltime and open positions are being cut. The company says it will be cutting expenses. Analysts largely positive, but...
June 27, 2024
Programs generally. They are supposed the educational programs. They help kids who do not get fat at home so they do better in school. There is no evidence they are actually doing that. Actually helping results and doing better at school. When we took your money from you, the way we justified it was these programs would help kids do better at school and to better at jobs. We cannot prove that is happening. We are saying no afterschool programs out there are doing their job. I dont believe we cut...
June 27, 2024
Yes. Were ready. [ inaudible ] thank you very much, everybody. Thank you. Thank you. Mr. President thank you. Love it. I really love ireland. Ill be there. Absolutely. Thank you, press thank you, press thank you. All right, a short but sweet pool spray in the oval with Prime Minister enda kenny. It will be a busy day for the president with regards to ireland. Theyre going to have an annual friends of ireland lunch around midday, and then to this afternoon, a st. Patricks day celebration, in whic...
June 27, 2024
Fargos ceos compensation went up despite the sales scandal that shook the bank. We have more details on that controversial story coming up. But we start with the budget blueprint the white house ingave this morning. You can see the percentages there. Hes calling for cuts, meantime, at the Environmental Protection agency and the departments of state, labor, agriculture and commerce all in the range of 16 to 31 . We have full Team Coverage on which stocks stand to gain and lose the most from these...
June 27, 2024
But first, President Trumps budget blueprint lays out a major shift in Government Spending impacting a number of different industry groups. Lets get to john hard wood for the details. President trump called it an America First budget. And Mick Mulvaney said it was a hard power budget. And here is the key trump budget trade. In his 54 million more in spending on National Security programs, 54 less in domestic. Pentagon, 10 increase. Lesser increases for homeland security, that includes money for ...
June 27, 2024
Talked about last week, 54 billion of additional defense spend, we have more details today on where that money is going. We have increases at the v. A. , increases at the department of justice, increases within the department of Homeland Security for things that include Border Security and immigration control. Increases within the department of energy. To deal with nuclear triad. And then corresponding reductions, similar amounts, offsetting dollar for dollar, in other programs. The largest redu...