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June 26, 2024
The oil market rebounding faster as opec implements the deal that i do not know if it has had an impact. It seems pretty selffulfilling, right . We knew they were looking for some kind of agreement to freeze production. If that is implement it, it will help the oil markets. The iea coming out with its monthly report, saying they see the Oil Market Rebalancing faster if the opec deal is important in. It seems a given, but who am i to say . You see brent at 33. 01. We will have plenty more on the ...
June 25, 2024
German figures. Italy is in line. The gdp portion, it is more important what mario draghi is looking at. Tom absolutely. You see the economy growing less in the initial estimate, which gets back to the carney announcement yesterday of a lower forecast from britain. You wonder where the dynamic is, where a economies will pick up in 2016. I have not seen it yet other than the one german item this morning. Belowne a touch estimates. The real question, how much does it have to do with a weaker euro,...
June 21, 2024
Some held a religious service in and area near the crash site. Egyptian Officials Say yemen is in the planning stages. Egypt and saudi arabia want to send in troops. It is expected to get the ok of the arab league tomorrow. Fighting is turning into a proxy war between iran and saudi arabia. Yemens president is taking refuge in saudi arabia. The senate pulls on all minor and pushes at budget plan through. Passing the plan around 3 30 a. M. The republican deficit cutting plan was passed on a party...
June 21, 2024
Third time in six months. It is raising limits of what thanks can pay savers. Both imports and exports fell last month. Investors appeared to like the move. Chinese stocks rose by the most in two weeks. Air forces across europe are grounding all Airbus Military transports after a crash. The airbus a400m crashed saturday minutes after a test flight. Four people were killed, those two others injured. A german magazine says one of the survivors told investigators the plane has multiple had multiple...
June 20, 2024
The level is 16. 67. Down more than 15 . Yesterday, the vix hit 21. It has certainly calmed down. Hoping for a coup by jan moment in washington, d. C. Lori lets get more on that partisan logjam. It is finally showing signs of easing. Rich edson with his exclusive reporting. Rich House Republicans will present president obama with an offer. If bars treasury from extending that. He is taking nothing off the table. It is time for leadership. It is time for negotiations and this conversation to begi...
June 20, 2024
Wrong. Poor ross. All right. Power players coming up. No 13th month . In the world of investing. Carlisles David Rubenstein, steve shoresman blackstone, venture capitals marc andreesson, and jamie dimon. Look at that in addition we have jerry webb. Make us all the rest of us feel we have one youre an economist or something . You play on to have you can think about the 121212 thing in the meantime because youre good at math. Yeah. All that stuff. All right. As we move closer to the edge of the fi...
June 20, 2024
While responding to a question of whether governor romney was correct in that debate a year and a half ago. Russia is a Regional Power that is threatening some of its immediate neighbors. Not out of strength, but out of weakness. Russias actions are a problem, they dont pose the Number One National Security Threat to the United States i continue to be much more concerned with our security with the prospect of a Nuclear Weapon going off in manhattan. Lou important question to consider. If russias...
June 20, 2024
While responding to a question of whether governor romney was correct in that debate a year and a half ago. Russia is a Regional Power that is threatening some of its immediate neighbors. Not out of strength, but out of weakness. Russias actions are a problem, they dont pose the Number One National Security Threat to the United States i continue to be much more concerned with our security with the prospect of a Nuclear Weapon going off in manhattan. Lou important question to consider. If russias...
June 19, 2024
Traders say that the vix illustrates the central bank as backstopping the markets so that means theres less demand for downside protection. Speaking of Central Banks, we have two key decisions to watch today. The bank of england is expected to withhold fresh monetary stimulus as the start of the new year gets under way. Forecasters say that the Economic Data is still too mixed to try and trump inflation worries. The ecb also expected to stay steady, holding its key rate at. 75 . Policymakers are...
June 19, 2024
Higher to the tune of 1. 7 . One auto expert is saying stay away from the stock and the vehicles because of a string of bad crashes recently. That includes one instance where a tesla was split in half. Are her concerns valid . Well hear both sides of this debate. Heres a reality check for all of us. Are you financially smarter than a 15yearold . 15yearolds in 18 countries, including here in the u. S. , were tested for their Financial Literacy. The results for the American Kids were mixed. Well t...