Page 6 - Jared Bernstein News Today

Decision easterbrook, of course, took over as ceo in march of 2015 before todays move, the stock was up 96 under his leadership since he took over under that tenure, the company sold off many of its company own stores to franchisees and previeded over the launch of alldaybreak fast and mcdonalds named usa president the new ceo of the company but a lot to talk about there. Joining us to have that conversation right now about leadership change at mcdonalds, jeff simonfeld and cnbc contributor. Thi...

Questions relevant. Today one of the most vexing questions for people who participant in markets, but thats a different part of the world, is that inflation has refused to rise, much less persist, at the 2 targets. Key question is, why . While history will be the judge once the data has been interrogated, we dont have time for that, because todays policymakers and investors need to act and to do so require at least a rudimentary answer to this puzzle. Today we have gathered some of the leading e...

Decoupling markets in asia and europe were slightly weaker but here in the u. S. Were in the green. Treasury yields at this hour as well, we have seen some better than expected german labor data cause some firming in the global bond markets right now the 30 year is just sitting at a 2. 15 yield the tenyear, 169 and the twoyear at 164. That story that really dragged our markets on friday. We finished off the lows on friday any way only down half of 1 on the s p 500 by the close, but clearly if th...

Shanghai and tokyo were moderately lower the nikkei finished down by almost 0. 9 . The shanghai was down by twothirds of a percentage point. This comes as we were getting manufacturing data out of china showed theyre still contracting. It was better than anticipated the number was 49. 7. That was better than the 49. 6 anticipated. Still below 50 in hong kong, the hang seng was down 1. 3 . Trading was cut short there because of an impending tropical storm. Markets were normally close at 4 00 p. M...

At the open. S p looking to be up by 1 point, the nasdaq off by 1 1 4 points overnight in asia, japan was closed for a public holiday. No trading or the nikkei most of asia was digesting Economic Data out of china the Second Quarter Economic Growth gdp slowing to 6. 2 , also coming off 6. 4 in the first quarter. Thats the weakest pace in 27 years. Industrial output, retail sales data also fixed Asset Investments were all above forecast chinese shares were down before the data was released. Then ...

All coming after the markets are coming off a very strong month of june. For the dow, it was the best june performance in over 80 years. You have to go back to 1938 for the month. The dow was up by 7. 2 s p was up by 6. 9 for the month that is its best performance since 1955 and the nasdaq was up by 6. 9 and thats its best performance since the year 2000. Taking a look at what happened overnight in asia, hong kong was closed for a Public Holiday but those markets that were open also up very shar...

Were peppy boys. Three down weeks in a row for stocks. It looks like weget out of the gate in a positive way. Dow would open higher by 133. The s p is good for 21. Still early with the nasdaq which has been beaten up is up 89. Bond yields here come after declines of 2 last week for each of the major averages. Treasury yields spis part of th story. 10year treasury eased off last week, but still at 4. 29. Steve. The upper end of the range recently. 4. 30. Some people telling me 4. 50 is not out of...

Number. We get the ppi number and that tells us if inflation is sticking there. It was hotter in january. The tenyear note is sitting below 4. 2 at 4. 198. The twoyear note at 4. 26 . The head of the National Transportation safety board said Security Camera footage showing work done on the boeing max 9 door plug that blew out mid flight has been overwritten. In the letter to the Senate Committee and the chair and agency still lack critical information of the events that led up to the january inc...

Neil well, georgia very much on the minds of joe biden and donald trump. Theyll be campaigning in the peach state today. The closest state in the 2020 contest. The guy behind that recount, Georgia Republican Secretary Of State Brad Raffensperger what hes hearing about the race. More on that in a second. Now, of course, no labels Joe Lieberman whos not naming names, but he sure is cooking up some big third party plans. All that and mike pompeo, the former Secretary Of State opted out of joining t...

The American People before this summers conventions. What he needs to do for a strong state of the Union Address tonight and how some allies are working Behind The Scenes to push the president to own the big stage. And within the next few hours, the city of uvalde, texas is expected to release its findings of its report on the Botched Police response to the Robb Elementary School massacre. We have a closer look at what we can expect and were learning burning more about last years Train Derailmen...