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FBC Cavuto Coast To Coast July 12, 2024

Mile. Vandalization, high crime, 100 arrested, 13 officers injured. I dont know where to start on this one but well be covering it. Because there are ramifications for the rest of the country and maybe the president ial race. Meantime, focusing at the corner of wall and broad, with the dow up 300 points. A lot is on optimism that despite the back and forth nastiness between democrats and republicans on the president s executive orders here, to go ahead and provide stimulus himself because congre...
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BLOOMBERG Bloomberg Surveillance July 12, 2024

A simulcast, bloomberg radio, sirius xm jenna 119. Good morning, semper this go. Good morning, san francisco. On television, worldwide and in london with anna edwards, we say good morning as well. Of marketd set discussions today. Weve almost pushed aside that in 30 minutes in america, it will be the Economic Data point of the week to see if we see continued improvement in the labor economy from the depths of march. Anna anna absolutely. Such a flexible economy, and not the same way as many of t...
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FBC Varney Company July 12, 2024

Vaccine and treatments, bringing the futures off of their lows this morning. Still looking a lower open today, but much of this is profit taking after a very strong rally yesterday and last week. Investors saying you know what, im going to take some money off that table. Theres not much stopping big tech, though. We talk about them a lot, every day, but for very good reason. New highs for several of these and one of our bulls will tell us in a few minutes why hes still buying them even at these ...
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ALJAZ NEWSHOUR July 12, 2024

Called a mockery of justice the u. S. Ambassador denounces russias harsh sentencing of a former u. S. Marine on charges of espionage. Also on the program a blow to press freedom in the philippines 2 journalists are convicted of libel after linking a business to criminal activity and in sports its 3 down 5 to go for cats are as they get ready to officially open their 3rd stadium for the 2022 world cup. After 3 months of lockdowns several European Countries are finally reopening their land borders...
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ALJAZ NEWS LIVE - 30 July 13, 2024

To scrap its an exception plans that the uns envoy to the middle east warns the project will threaten the 2 state solution and regional peace. Voting for a new president goes ahead in burundi despite concerns over Election Fraud and the corona virus outbreak. Welcome to aljazeera a new standoff could be brewing between the United States iran and venezuela over a shipment of millions of dollars worth of fuel 5 Iranian Oil Tankers could be just days away from arriving in venezuela in a bid to ease...
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FBC Varney Company July 13, 2024

Hardpressed drillers . We will ask. Now we are quoting the next contract for june delivery. The price coming in at, where was it moments ago, what was it, 15, 16 a barrel. The president will fill the Strategic Petroleum reserve with up to 75 billion barrels. That helps storage capacity. But it makes no impression on collapsing demand which is at the heart of the oil price problem. A lot of people expect that that price, the one we see right now, what was it, 16, 15 a barrel, expect it to down fr...
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FBC Varney Company July 13, 2024

Inspect a face mask production facility. Its a clear signal hes out and about for the first time in weeks. The markets like this. The opening up, that is. Look first at the price of oil. Th 23 a barrel. Thats because production has dropped sharply, limited supply and the likelihood of a pickup in demand as more businesses open up. The president just tweeting on that literally moments ago. Here it is. Oil prices moving up nicely as demand begins again. Thats the backtowork movement evident in the...
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FBC Varney Company July 13, 2024

York have been discharged. Meantime, italy seeing its lowest number of deaths in more than two weeks and that is helping the market this morning. A strong rally in store as investors begin this holiday shortened week with some optimism. As you can see, the futures up, the dow up 788 points, the nasdaq and s p all well above 3 . It is a different story, though, for oil. Even with hopes of a deal between the russians and saudis, we still have a glut of oil because, well, no one is using it. Oil do...
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FBC Varney Company July 13, 2024

And up to 200,000 deaths. The president listening to his medical advisers and he has adjusted policy. The social distancing rules will be extended until april 30th. Therefore, the shutdown of the economy will continue well beyond easter. The president says the recovery will start by june 1st. On the markets, expect continued volatility. We have certainly seen that already today. At one point early this morning, futures showed a loss of a couple hundred points. Now we are looking at a gain at the...
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FBC Varney Company July 13, 2024

Gain of about 170 points, after the biggest oneday gain since 1933. That was yesterday. Today might be a different story. At the moment we are looking at a gain of 166 for the dow, a drop for the nasdaq, maybe down 34 points, and the s p down about 11. Mixed picture this morning as investors try to get to grips with this new package and what it means for the economy. Also influencing the market, the president s statement that he would love and he used the word three times, he would love to get t...
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